We aim to make consumer financial markets work for consumers, responsible providers, and the economy as a whole. We protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law. We arm people with the information, steps, and tools that they need to make smart financial decisions.
In a market that works, the prices, risks, and terms of the deal are clear upfront so that consumers can understand their options and comparison shop. Companies all play by the same consumer protection rules and compete fairly on providing quality and service. To achieve this vision, the CFPB works to:
We create tools, answer common questions, and provide tips that help consumers navigate their financial choices and shop for the deal that works best for them.
We take action against predatory companies and practices that violate the law and have already returned billions of dollars to harmed consumers.
We encourage financial education and capability from childhood through retirement, publish research, and educate financial companies about their responsibilities.