LA Fitness is pressing a California federal judge to dismiss the FTC's suit over its gym membership cancellation practices. The arguments at a recent hearing suggest that will be a difficult case to make. The FTC filed suit against Fitness ...

The $1 civil money penalty is a legal mechanism to unlock the CFPB’s Civil Penalty Fund so the Bureau can pay relief to Synapse’s harmed customers despite the company’s bankruptcy and lack of assets. What the CFPB alleged Synapse, a ...

“Vought’s New CFPB Plan Leaves Opening for Agency Resurgence” is a Bloomberg Law piece describing the Trump administration’s scaled‑back but still severe plan to cut roughly half of the CFPB’s staff, and why that restructuring could actually make it easier ...

Aroostook County Federal Savings & Loan Association’s 88th annual meeting in Presque Isle, Maine, will center on member education about fraud and scams, featuring law‑enforcement and internal experts as speakers. Key details The meeting is scheduled for Monday, May 4, ...

Commercial mortgage delinquency rates climbed to 4.02 percent in the first quarter of 2026, up from 3.86 percent in the fourth quarter of 2025, according to the Mortgage Bankers Association’s commercial real estate finance loan performance survey. Short-term delinquencies increased ...

“Rent now, pay later” is essentially buy-now-pay-later for rent: fintechs front some or all of a tenant’s monthly rent, then collect it back in installments with fees or interest layered on top. It is growing fast as rents outpace wages ...

Nevada has indeed adopted a new, comprehensive student loan servicing framework that covers both licensing and servicing conduct, primarily through AB 332 (2023) codified in NRS Chapter 670B, with implementing regulations adopted by the Financial Institutions Division (FID). Statutory framework ...

Social media was the costliest fraud contact method in 2025 and reported losses increased eightfold since 2020 New data from the Federal Trade Commission show that, in 2025, nearly 30% of people who reported losing money to a scam said ...

India’s microfinance sector expanded steadily in the March quarter even as lenders tightened credit filters, with asset quality improving to record levels, according to a report by Equifax. The sector’s total portfolio outstanding rose 5% quarter-on-quarter to ₹3.38 lakh crore ...