Rising Card Delinquency Rates Spotlight
September 19, 2022 6:41 pmThe paycheck-to-paycheck pressures are showing up in the cards. Though we don’t have all the details yet, from all the... View Article
Categories for Headline News
Eleventh Circuit Dismisses Hunstein For Lack Of Standing
September 9, 2022 12:10 amThe Court of Appeals for the Eleventh Circuit issued yesterday its ruling in Hunstein v. Preferred Collection & Management Services. The... View Article
CFPB Finds UDAAP Violations On Garnishment Practices
September 1, 2022 10:41 pmBy: Eric H. Schilling In early May 2022, the Consumer Financial Protection Bureau (CFPB) entered into a consent order with... View Article
A new federal office was just established to regulate proptech
August 31, 2022 3:45 pmThe proptech buzz has died down amid unstable macroeconomic conditions. A new federal office is using the time to reevaluate.... View Article
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
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
