Friday, January 3, 2014

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The CFPB wants you to blow the whistle on lawbreakers

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Do you have information about a company that you think has violated federal consumer financial laws? Are you a current or former employee of such a company, an industry insider who knows about such a company, or even a competitor being unfairly undercut by such a company? If so, the CFPB wants to hear from you. Tipsters and whistleblowers are encouraged to send information about what they know to whistleblower@cfpb.gov.
Current employees providing information about their own employers – known as “whistleblowers” – may be protected from being fired or from other employer retaliation for providing us information. To learn more about whistleblower protections, visit the Department of Labor’s Whistleblower Protection Program website.
Providing your name and contact information will make it easier for the CFPB to investigate the information you provide and may help us stop illegal conduct. Still, we understand that it may be frightening to come forward with information about possible legal violations, especially if it is about your own employer. To the extent consistent with law enforcement needs, the Bureau will not disclose your identifying information and will maintain your confidentiality as permitted by federal laws. If you feel you can only provide information to us anonymously, you can call our toll-free number at (855) 695-7974 and follow the instructions to speak to a CFPB employee.
Whistleblower information and law enforcement tips submitted to whistleblower@cfpb.gov are different from consumer complaints. The CFPB’s consumer complaint process is available for individuals who have personally encountered problems with financial services or products. You can use this website, consumerfinance.gov, to submit a complaint about your credit card, mortgage, or other consumer financial product.
  • http://www.twistfix.co.uk/ Damp Proofing Products
    Thats a great policy,  its unfortunate how many laws are broken and the pressure from managers to do illegal things. glad there is protection
  • Frank Mercer
    I have been in the auto finance industry for 30 years and welcome the CFPB better enforcing of laws and regulations.  Hopefully it will eliminate wrong doing of finance companies and dealers that carry their own paper.
  • http://doddfranksummary.com Dodd Frank Summary
    Saw a poll by Labaton Sucharow today saying that 34% of American workers have observed workplace wrongdoing, and that 78% of Americans would report it if they knew how.  Great to see you guys putting this important information out there.
  • http://www.bestnursinguniforms.com/ Nursing Uniforms
    I would be interested to know how many individuals take advantage of these protections.
  • http://baltimore-personal-injury-attorneys.com/ Baltimore Injury Attorneys
    Good to see you guys sticking up for the employees.  This is truly the government working for the people. Keep it up!
  • http://baltimore-personal-injury-attorneys.com/ Baltimore Injury Attorneys
    We all know this is a huge problem in this country; it’s great that we are taking steps to fix it.
The CFPB blog aims to facilitate conversations about our work. We want your comments to drive this conversation. Please be courteous, constructive, and on-topic. To help make the conversation productive, we encourage you to read our comment policy before posting. Comments on any post remain open for seven days from the date it was posted.

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