The CFPB closed the matter against Bilt, concluding that they reimbursed eligible consumers a total of $264,792.71. Bilt's voluntary collaboration resulted in no public enforcement action against them.
What changed
The matter was officially closed after Bilt reimbursed consumers.
Compliance perspective
Companies should be proactive in resolving consumer issues to avoid public enforcement actions.
Key date
Effective date: September 21, 2026.
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