Whois & Analysis for cfpb.gov

The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector.

CFPB jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.

A consumer is a person or organization that uses economic services or commodities.

In economic systems consumers are utilities expressed in the decision to trade or not.

Alternative financial services (AFS) are financial services provided outside traditional banking institutions, on which many low-income individuals depend.

In developing countries, these services often take the form of microfinance.

In developed countries, the services may be similar to those provided by banks and include payday loans, rent-to-own agreements, pawnshops, refund anticipation loans, some subprime mortgage loans and car title loans, and non-bank check cashing, money orders, and money transfers.

It also includes traditional moneylending by door-to-door collection.

In New York City, these are called check-cashing stores, and they are legally exempted from the 25 percent criminal usury cap.

An economy (From Greek οίκος – "household" and νęμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location.

Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'.

Economic agents can be individuals, businesses, organizations, or governments.

Economic transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.

Monetary transactions only account for a small part of the economic domain.