The Consumer Financial Protection Bureau (CFPB) announced it will shift to a limited oversight role rather than dismantling the agency... View Article
The Consumer Financial Protection Bureau (CFPB) has arranged to use its civil monetary penalty fund, which holds about $118.9 million,... View Article
The Consumer Financial Protection Bureau (CFPB) has introduced a new requirement that bank supervisors must take a “humility oath”—officially called... View Article
Houston financial institutions are leveraging artificial intelligence, particularly generative AI and machine learning, to boost operational efficiency, reduce costs, enhance... View Article
The Consumer Financial Protection Bureau (CFPB) has finalized a $1.75 million settlement with MoneyLion to resolve allegations that the company... View Article
BNPL usage has surged in 2025 and is closely accompanied by a significant rise in late payments among users.​ Key... View Article
Rhode Island has enacted strict laws preventing medical debt from appearing on credit reports and protecting residents from home liens... View Article
US tech giants are fueling concerns in the bond market as they substantially increase debt issuance to fund a historic... View Article
J.C. Flowers & Co. has agreed to sell Island Finance, Puerto Rico’s largest non-bank consumer financial institution, to VRM Penzini... View Article
Flagship Credit Acceptance, a leading non-prime auto-finance provider, has agreed to sell its operating assets and business operations to InterVest... View Article
The exchange for the debt economy
The exchange for the debt economy© Copyright 2026 Credit and Collection News
