Like with many other products and services across the economy, consumers are finding that financial products and services are now being marketed through “subscriptions” and “membership” arrangements. The Consumer Financial Protection Bureau (CFPB) has observed that these revenue models create ...

Big Lots is being acquired by affiliate Nexus Capital Management LP, and the sale is expected to be finalized by the fourth quarter of 2024. Big Lots is closing an additional 19 stores as the company continues to navigate through ...

On November 14, the CFPB entered into a consent order with a telecommunications company and its subsidiaries (collectively, the “company”) for allegedly withdrawing millions of dollars from over half a million consumer accounts and preventing money transfers to incarcerated individuals, ...

/ Recent FTC regulations targeting spam calls have reduced complaints about them by over 50 percent, the agency says. Image: Cath Virginia / The Verge; Getty Images Complaints about unwanted telemarketing calls have dropped for the third straight year, the ...

By Ted Bunker CareMax became the latest U.S. healthcare provider to enter bankruptcy Sunday, seeking protection from creditors in the U.S. Bankruptcy Court for the Northern District of Texas and listing debts of as much as $1 billion and assets ...

EXPLAINER BRIEFLY SLIDES Meta will have to face The Federal Trade Commission (FTC) antitrust lawsuit against the company’s acquisition of WhatsApp and Instagram, according to a recent court order in the United States.  This lawsuit will look at Meta’s monopoly ...

2 in 5 Americans have maxed out credit card or come close, Bankrate report finds Dealing with runaway credit card debt? You're not alone. Here's a quick tip on how to escape it. Here's a quick tip on runaway credit ...

TCN, a global provider of a comprehensive cloud-based call centre platform for enterprises, contact centres, BPOs, and collection agencies, has been crowned Technology Team of the Year in the 2024 national Credit & Collections Technology Awards. The Awards were launched ...

Company profited by taking funds from inactive accounts and blocking money transfers from friends and family used to pay for basic needs WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took actionagainst Global Tel Link Corporation (GTL) for ...