Late Car Payments Hit Highest Level In Decades
June 10, 2025 11:59 pm Leave your thoughts6.6 percent of subprime auto borrowers were over 60 days past due in Jan. It’s the highest level since... View Article
Author Archives for steve
CFPB Disburses Checks To Prehired Victims Following Pressure From California And 11 State AGs
June 4, 2025 10:54 pm Leave your thoughtsSACRAMENTO – The Consumer Financial Protection Bureau (CFPB) is providing long-delayed restitution to victims of predatory tech sales program Prehired,... View Article
The FDIC Call Report Says Top 20 Banks Are Drowning In Charge-Offs
June 2, 2025 10:59 pm Leave your thoughtsThe FDIC’s Q1 2025 Call Reports are out. And the story they tell? Loud and clear: Consumer loan charge-offs... View Article
High-Stakes Appeals Court Hearing Challenges NCUA’s Administrative Powers
June 2, 2025 3:49 pm Leave your thoughtsU.S. Court of Appeals for the Fifth Circuit in New Orleans. Photo: Mike Scarcella/ALM The U.S. Court of Appeals... View Article
Florida’s Consumer Collection Practices Act (FCCPA) Amended To Expressly Allow After-Hours Debt-Collection Emails
May 29, 2025 11:59 pm Leave your thoughtsLegislation Cuts Off a Significant Source of Potential Liability for Debt Collection At a Glance Florida’s governor recently signed... View Article
DFPI Reports Successful Enforcement And Consumer Protections Under Consumer Financial Protection Law
May 29, 2025 11:19 pm Leave your thoughts2024 Report Highlights Expanded Rulemaking, Consumer Complaints SACRAMENTO – The Department of Financial Protection and Innovation (DFPI) has released... View Article
Connexus Credit Union Silent on Report of Dozens of Layoffs
May 28, 2025 12:58 am Leave your thoughtsOngoing strategic restructuring follows multimillion-dollar losses, slower loan growth, higher funding costs, rising loan delinquencies and declining membership. layoffs... View Article
New York Leads State Consumer Protection Efforts Amid Federal Pullback, Pennsylvania In Tow
May 27, 2025 11:59 pm Leave your thoughtsIn the wake of reduced federal oversight following the Trump Administration’s rollback of the Consumer Financial Protection Bureau (“CFPB”), New... View Article
Hackers Hit Credit Unions in New York & California
May 27, 2025 12:53 pm Leave your thoughtsGood Neighbors FCU and South Bay CU report cyberattacks that may have compromised the data of 26,000 members. Network... View Article
Consumer Financial Enforcement Under Trump 47 — The FTC In Focus
May 18, 2025 11:59 pm Leave your thoughtsWith the Consumer Financial Protection Bureau (CFPB) largely on pause while it awaits a permanent Director, there is an... View Article
