CFPB Told It Must Request Funds From Fed A federal district court has ordered that the CFPB must keep requesting money from the Federal Reserve under Dodd‑Frank’s existing funding mechanism, and the Trump administration cannot engineer a funding lapse by ...

Gervacio v. LVNV Funding out of the N.D. Ill. is a recent example of a furnisher defeating FCRA claims where the challenged tradeline was, in the court’s view, technically accurate and not misleading.​ Case posture and facts Case: Gervacio v ...

The FTC has opened a new rulemaking process aimed specifically at hidden and misleading fees in rental housing, building on its broader “junk fees” agenda but targeting long‑term rentals that were excluded from the 2024–25 Junk Fees Rule. What the ...

State AGs from 13 states have filed a multistate lawsuit against OneMain Financial alleging that it “packed” personal loans with junk-fee add‑ons, including home and auto membership products similar to auto club/roadside assistance, through misleading and high‑pressure tactics that often ...

NNPA NEWSWIRE — Citing new research from Protect Borrowers, formerly the Student Borrower Protection Center, the coalition advised Education Secretary Linda McMahon in a January 7 letter that a new student loan default occurred every nine seconds in 2025. That escalating rate is unprecedented, and ...

Borrowers nationwide are carrying a record-breaking amount of credit card debt right now — nearly $1.3 trillion nationwide. That alone is a problem, as it indicates that more people are stuck relying on their short-term borrowing options to get by ...

The Colorado Supreme Court argument in Wright v. Portfolio Recovery Associates, LLC is about how strictly debt buyers must comply with Colorado’s documentation requirements when they sue to collect consumer debts. What the case is about Portfolio Recovery Associates (PRA) ...

Renters nationwide are raising concerns about hidden fees, prompting the Federal Trade Commission to investigate rental housing costs. CHARLOTTE, N.C. — Renters across the country are raising concerns about hidden fees in rental housing, and now the Federal Trade Commission ...

The major mattress chain that has recently converted to Chapter 7 liquidation is American Mattress.​ What happened American Mattress originally filed for Chapter 11 bankruptcy protection in July 2025 to reorganize its debts.​ In March 2026, the case was converted ...