Connecticut’s Banking Commissioner hit an out‑of‑state collection agency with a $100,000 civil penalty and a cease‑and‑desist order after it repeatedly called a hospital emergency line to collect a consumer debt. What happened The respondent is Omnipoint Management Solutions LLC, a ...

Feb 26, 2026 A significant number of federal student loan borrowers entered default status at the close of the previous year, according to data from the Federal Reserve Bank of New York. The latest Household Debt and Credit Report indicates ...

PRA Group, Inc. beats earnings expectations. Reported EPS is $1.46, expectations were $0.5. Operator: Good evening, and welcome to PRA Group’s Fourth Quarter and Full Year 2025 Conference Call. [Operator Instructions] Please note this event is being recorded. I would ...

New York has proposed “nation‑leading” regulations to bring buy now, pay later (BNPL) providers under a formal licensing, supervision, and consumer‑protection regime, implementing a BNPL statute enacted in the FY 2026 state budget. Core structure of the proposal The rules ...

CULA announced record performance in 2025 as CULA lease volume rose 43% year over year and member savings reached an estimated $94.6 million annually. CULA also expanded its dealer network, and now supports vehicle leasing in 34 states through more ...

I wrote an earlier column about an FTC action against a company that led people to believe they were buying comprehensive health insurance. Simple Health claimed its plans would cover preexisting medical conditions, prescription drugs, primary and secondary specialty care, ...

The classical liberal philosophy of limited government, free markets, and respect for the individual’s natural rights to life, liberty, and property originated in Europe. Unfortunately, the modern liberal idea that government should abridge natural rights for the people’s own good also originated in Europe ...

Compass Community Credit Union members and staff have responded in helping the local community during the cold winter months. Members were encouraged to stop by any Compass branch through the month of January and donate new or gently used coats ...

Key Takeaways Credit One Bank has agreed to pay $10.2 million to settle a civil lawsuit alleging that Credit One made frequent and harassing phone calls to California phone numbers in an attempt to collect consumer debts. According to the ...