The CFPB Shifts Gears And Says Covered EWA Is Not Credit
January 5, 2026 9:59 pm Leave your thoughtsEarned wage access products are not subject to the Truth in Lending Act or Regulation Z, according to the bureau.... View Article
Author Archives for steve
Mass. Regulators Probe Alleged Credit Card Use In Sports Wagers
January 5, 2026 8:52 pm Leave your thoughtsMassachusetts gaming regulators are investigating Caesars Sportsbook over a self-reported incident that one state official said could represent an “extremely... View Article
Federal Student Loan Wage Garnishment Resumes January 2026
January 5, 2026 8:45 pm Leave your thoughtsAfter five years of pandemic-era protections and a year of “on-ramp” transitions, the Department of Education is reactivating wage garnishment... View Article
Jefferson Capital falls as PE backer to carve stake in debt collection firm
January 5, 2026 7:30 pm Leave your thoughtsJefferson Capital’s share price is falling because its private‑equity backers are selling a large block of stock in a secondary... View Article
Credit Card Borrowing Grows At Fastest Annual Rate In Nearly Two Years
January 5, 2026 3:49 pm Leave your thoughtsCredit card borrowing grew at the fastest annual rate in nearly two years in the run-up to Christmas, fuelling concerns... View Article
Financial Institutions to Send Debt Adjustment Texts on Delinquency
January 5, 2026 3:01 pm Leave your thoughtsFinancial institutions in South Korea will be required to send borrowers a text message about possible debt adjustment when their... View Article
Brazil fintech PicPay files for U.S. IPO
January 5, 2026 1:16 pm Leave your thoughtsBrazilian fintech PicPay has filed with the U.S. Securities and Exchange Commission for an initial public offering of its Class... View Article
FCA launches probe into claims firm over motor finance ads and sales tactics
January 5, 2026 12:29 pm Leave your thoughtsThe financial watchdog has launched an enforcement investigation into The Claims Protection Agency Limited (TCPA) over the firm’s advertising and... View Article
BofA CEO reveals he hired 2,000 recent Gen Z grads from 200,000 applications
January 5, 2026 12:29 pm Leave your thoughtsBank of America CEO Brian Moynihan in an interview revealed that the financial institution recently hired 2,000 top grads from... View Article
First Federal Bank acquires Fidelity Bank’s mortgage division
January 5, 2026 10:47 am Leave your thoughtsFirst Federal Bank has struck a deal to acquire the assets of Fidelity Bank’s mortgage division, NOLA Lending Group, expanding... View Article
