By Alan S. Kaplinsky, Richard J. Andreano, Jr. & John L. Culhane, Jr. on September 17, 2025 POSTED IN CFPB, CFPB ENFORCEMENT, TRUMP ADMINISTRATION The CFPB has released an ambitious Spring Regulatory Agenda that lists 24 regulatory initiatives the bureau ...

Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most companies that file for bankruptcy intend to stay in business. But ...

Sundry Photography/iStock Editorial via Getty Images Capital One Financial (NYSE:COF) said in an SEC filing that its August credit card delinquency rate rose from the prior month, while its charge-off rate drifted down. Delinquency rate increased to 3.73% from 3.67% ...

Today, we announced the official launch of Google Pay and Google Wallet in Saudi Arabia, helping users pay fast, simply, and securely with their Android phones. The service, which is enabled by the national payment system (mada) in Saudi Arabia, ...

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo Purchase Licensing Rights, opens new tab WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund on Thursday ...

Fintech firm PayNearMe has secured a $50m Series E investment from Atlantic Vantage Point (AVP) to accelerate its expansion into new markets and further develop its payment technology platform. The California-based company has become a key payments partner for the ...

Auto loan debt in America now sits at a shocking $1.66 trillion. Delinquencies, defaults, and repossessions are skyrocketing. Subprime delinquency is worse than in the 2008 financial crisis. Many Americans love the feeling of driving a new car, but the ...

Last week, Capital OneCOF sued the Federal Deposit Insurance Corp. (FDIC) for levying an “outsized and improperly calculated” special assessment fee of $474.1 million to refill its Deposit Insurance Fund (DIF) following the collapse of Silicon Valley Bank and Signature ...

Show Caption Hide Caption Collection of defaulted student loans to resume May 5: What to know Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That's about to change on May 5 ...