REUTERS FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell/File Photo (Reuters) - Credit ratings firm Equifax said on Wednesday it expects full-year revenue below Wall Street estimates, as ...

The Foreclosure Abuse Prevention Act (“FAPA”) has been heavily litigated since its enactment in December 2022. New York courts have issued conflicting decisions interpreting FAPA, including whether the statute applies retroactively to conduct that occurred prior to its enactment and ...

In the wake of the Supreme Court’s ruling earlier this year upholding the constitutionality of the Consumer Financial Protection Bureau, some conservatives elevated a new line of attack on how the agency is funded by the Federal Reserve. But their ...

Paula Megowen, president and CEO of the Breakwater Federal Credit Union in Houghton, has been with the financial institution since 1988. (Graham Jaehnig/Daily Mining Gazette) HOUGHTON — October 15-26 is designated as International Credit Union Week. On Thursday, Oct. 17, ...

The Biden administration has extended a pause on involuntary collections activities for defaulted federal student loan borrowers, providing at least a three month extension of relief. Millions of borrowers in default on their federal student loans had been shielded from ...

The Consumer Financial Protection Bureau (CFPB) has intensified its efforts to combat abusive medical debt collection practices, seeking to protect more than 100 million Americans burdened by $220 billion in medical debt. Vice President Kamala Harris said she’s supporting the ...

TransUnion Three in four business leaders indicated fraud stayed the same or increased in the past year; synthetic identity lending exposure reaches all-time high CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- A global TransUnion (NYSE: TRU) analysis found that fraud ...

Earlier this year, the CFPB published its interpretive rule declaring that pay-in-four BNPL lenders should be treated in the same way as credit cards. This means that providers must give consumers some key legal protections and rights that apply to ...

Walgreens is closing approximately 1,200 stores across the United States as the pharmacy chain struggles with slumping consumer spending. The closures will occur within the next three years, starting with 500 stores being shuttered in fiscal year 2025, Walgreens announced ...