Author Archives for steve

Open Letter From Equifax UK Calls for Industry Collaboration to Tackle Financial Inclusion and Vulnerability

Credit reference agency Equifax UK has called on the lending industry to unite in accelerating financial inclusion and tackling economic... View Article

PenFed Credit Union Offers up to $350 Bonus for Financing an Auto Loan

CFPB Mass Layoffs Paused Again As Emails Show Rush To Fire Staff

A federal appeals court restored a temporary pause on mass firings at the Consumer Financial Protection Bureau, as internal emails... View Article

Trump Administration Drops CFPB Lawsuit Against National Collegiate Student Loan Trusts

The Trump administration dismissed the Consumer Financial Protection Bureau’s lawsuit against National Collegiate Student Loan Trusts. The $2.25 million settlement... View Article

Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order

  SAN FRANCISCO, April 28, 2025–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s... View Article

California Joins $106 Million Multi-State Settlement With Vanguard Over Big Tax Bills, Remediation to Investors

  SACRAMENTO — The California Department of Financial Protection and Innovation (DFPI) has joined 49 states and the U.S. Virgin... View Article

As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released... View Article

Polish debt collector Kruk’s first-quarter net profit falls 26%

GDANSK (Reuters) -Poland’s debt collector Kruk reported a 26% drop in the first-quarter net profit to 251.6 million zlotys ($67.09... View Article

Zombie foreclosures rising: Five states hit hardest by abandoned homes

Zombie foreclosures are making a comeback in 2025 as inflation, rising mortgage rates, and high home prices push more Americans... View Article