I know the Bureau very well, for good and bad, and these timelines for redress shock even me. I had no idea the consumer payments took THIS long. I’d love to hear someone from the Bureau, involved in that work, explain these timelines because they’re pretty terrible on their face, but there may be some explanation. At least I hope there is.
Jason Mikula
Jason Mikula17.8. klo 21.31
Fintech Biz Weekly just dropped: Synapse-Evolve victims could end up waiting YEARS to get a CFPB bail out payment, new analysis of Bureau records suggests. CFPB's average time from a final order to starting payments to victims? A whopping *682 days* You know where to find it.
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