FTC Sends More Than $822,000 To Students Deceived By Student Advocates’ Debt Relief Scam
August 18, 2022 11:20 pmAugust 18, 2022 The Federal Trade Commission is sending 14,521 checks totaling more than $822,000 to borrowers who lost... View Article
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CFPB Sues ACE Cash Express For Concealing No-Cost Repayment Plans And Improperly Withdrawing Consumers’ Funds
July 12, 2022 11:59 pmWASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) filed a lawsuit today accusing payday lender ACE Cash Express of... View Article
Nearly 3 Percent Of U.S. Mortgages In Delinquency
July 12, 2022 10:56 pmCoreLogic’s monthly Loan Performance Insights Report for April 2022 shows that 2.9% of all mortgages in the U.S. were in... View Article
Americans Are Spending Less On Their Credit Cards, Lenders Say
July 12, 2022 7:52 pmAmericans dialed back spending on their credit cards in June, pointing to another weak month of US retail sales, according... View Article
WinCo To Stop Accepting Credit Card Payments
July 12, 2022 6:47 pmOKLAHOMA CITY (KFOR) – Supermarket chain, WinCo has announced it will stop accepting credit cards as a form of payment,... View Article
Tight-Fisted US Consumers Sit on $3.3T of Untapped Credit Card Lines
July 12, 2022 3:50 pmA slowdown is in the cards. Literally — at least near term. A number of data points hint that we’re... View Article
EU edges closer to ending ‘too-big-to-fail’ banks by 2024
July 12, 2022 12:35 pmLONDON, July 13 (Reuters) – The European Union’s body for dismantling failed banks said on Wednesday it would ratchet up... View Article
Student-loan borrowers ‘shouldn’t have to act as a labor economist’ to prove a college misled them on job prospects and loaded them up with debt, Biden’s Education Department says
July 12, 2022 12:33 pmPresident Joe Biden’s Education Department has a range of ideas for easing access to student-loan relief — and a major... View Article
Vodafone ‘appoints debt recovery agency’ to chase payment for dead woman’s bill
July 12, 2022 10:27 amVodafone have been labelled mobile ‘mafia’ after it was claimed they unleashed a debt recovery agency to chase payment from... View Article
CUNA Economist: Warn Members of Cryptocurrency Risks
July 12, 2022 1:00 amA CUNA economist said credit unions need to advise their members on the risks of cryptocurrencies as data shows they... View Article
