What A 10% Cap On Credit Card Interest Might Do And How It Might Effect The Collection Industry
January 14, 2026 11:59 pmA 10% cap on credit card interest in the US would likely cut costs for many revolving cardholders but also... View Article
Categories for Headline News
FTC Accuses AI Search Engine Of ‘Rampant Consumer Deception’
January 14, 2026 10:00 pmThe headline refers to a new FTC lawsuit against an AI‑driven “answer” or search service that the agency says uses... View Article
Saks Global Files For Bankruptcy After Neiman Marcus Takeover Leads To Financial Collapse
January 14, 2026 9:00 pmSaks Global, the parent of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, has filed for Chapter 11 bankruptcy protection... View Article
Trump’s Proposed Credit Card Interest Cap Would Hit $70 Bn Market For Debt
January 14, 2026 8:34 pmTrump has proposed a one‑year cap of 10% on credit card interest rates, and analysts say this would pressure the... View Article
Nevada Senator pushes credit union flexibility
January 14, 2026 6:05 pmU.S. Senator Catherine Cortez Masto of Nevada is pushing new bipartisan legislation to give federally chartered credit unions more flexibility... View Article
Travis Hill Sworn in as 23rd Chairman of FDIC
January 14, 2026 5:08 pmTravis Hill has been officially sworn in as the 23rd Chairman of the Federal Deposit Insurance Corporation (FDIC). Hill previously... View Article
As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
January 14, 2026 3:00 pmThe phrase “As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It” refers to criticism that President Trump’s public push... View Article
Debt collectors and banks have different expectations for new credit register
January 14, 2026 2:28 pmBanks want Estonia’s new credit registry to include debts sold to collection agencies, but the industry resists, prompting renewed debate... View Article
Billions in data protection fines remain unpaid
January 14, 2026 2:10 pmBillions of euros in data protection (GDPR) fines, especially against Big Tech, have been issued in recent years but only... View Article
New Experian Study Reveals Critical Role of AI in Lending and Key Drivers of Accelerated Adoption by Financial Institutions
January 14, 2026 1:00 pmExperian’s new “Perceptions of AI” study finds that most major financial institutions now view AI as critical to their lending... View Article
