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Filing: CFPB probes Venmo's debt-collection tactics; Venmo actions like threatening to send debt collectors after users who are scam victims are under scrutiny

including threatening to send debt collectors after customers who are scam victims—have previously come under scrutiny https://www.wsj.com/... Charles Forelle / @charlesforelle : And now Venmo is being investigated by the CFPB https://www.wsj.com/... Orla McCaffrey / @orla_mccaffrey : New: The CFPB is investigating Venmo's debt-collection practices. The agency notified PayPal, which operates Venmo, of the investigation one (1) day after the Biden administration named a new acting director. https://www.wsj.com/...

Wall Street Journal Orla McCaffrey

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  • @wsjmarkets @wsjmarkets on x
    Venmo's tactics—including threatening to send debt collectors after customers who are scam victims—have previously come under scrutiny https://www.wsj.com/...
  • @charlesforelle Charles Forelle on x
    And now Venmo is being investigated by the CFPB https://www.wsj.com/...
  • @orla_mccaffrey Orla McCaffrey on x
    New: The CFPB is investigating Venmo's debt-collection practices. The agency notified PayPal, which operates Venmo, of the investigation one (1) day after the Biden administration named a new acting director. https://www.wsj.com/...