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Questions and Answers Consumer Financial Protection Bureau (CFPB)-English Version

What is the Consumer Financial Protection Bureau?

CFPB is a new U.S. government agency whose job is to protect Americans in their dealings with services like mortgages, credit cards, payday lenders and many others. The idea is to make sure that when you sign up for a loan, credit card, etc., you know what you’re signing, with no tricks or traps. CFPB will also go after financial firms that break the law.

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