One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 News, even as it was issued millions of dollars in penalties for consumer violations. At least one person feels some ...

In the third quarter of 2024, a series of concerning trends in U.S. consumer credit card usage have emerged, according to a recent report from the Philadelphia Federal Reserve. As rising interest rates and inflationary pressures continue to weigh on ...

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels. Additionally, lenders were increasingly more likely to use third parties, called forwarders, ...

JetBlue announced Tuesday that it will start accepting Venmo as a payment option on its website, becoming the first airline to do so. Customers can use their Venmo account to purchase tickets on JetBlue’s website immediately, and the option will ...

Governor Gavin Newsom announced that five major financial institutions have agreed to provide mortgage relief for property owners affected by the recent firestorms in Los Angeles and Ventura Counties. Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo ...

TwitterFacebookEmailShare story: The members of St Jarlath’s Credit Union and Athlone and Castlerea Credit Union have agreed a merger of the two credit unions to create a stronger and more efficient credit union to serve the combined membership across the ...

KEY TAKEAWAYS In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, including banning medical debt from credit reports and restricting late fees and overdraft fees. Incoming president Donald Trump could reverse ...

Largest lenders now trade at or close to their book values for first time in almost a decade Analysts say they believe Japanese banks can sustain their price-to-book ratios as interest rates rise © Akio Kon/Bloomberg Japan’s biggest banks hit ...

Capital One Financial Corporation (NYSE:COF) has been making waves in the financial services industry with its recent strategic moves, most notably the planned acquisition of Discover Financial Services (NYSE:DFS) announced in February 2024. The company's strong market performance, with a ...