The number of automotive consumers taking out extra-long loan terms continued to grow in the first quarter for both new and used vehicles, though some shaved their loan payments with refinancings. The quarterly report by consumer credit reporting agency and data provider Experian shows ...

Bank of America has spent the past decade turning AI into the backbone of its digital customer experience, with its Erica virtual assistant now central to how tens of millions of customers interact with the bank every month. The strategy ...

President Donald Trump told reporters aboard Air Force One on Friday that his administration remains open to a public offering of Fannie Mae and Freddie Mac shares, pushing back against speculation that the plan had been abandoned. Trump said an ...

Hi TCPAWorld! In Neal v. Transworld Systems, Inc., No. 25-218-JLH-EGT, 2026 WL 1678891 (D. Del. June 10, 2026), the United States District Court for the District of Delaware issued a Report and Recommendation recommending summary judgment for debt collector Transworld Systems on ...

Kolkata: The share of early stage delinquency in microfinance loans rose in April while the sector's overall credit risk eased, data from CRIF high Mark showed. The portfolio at risk (PAR) for the 1-30 day bucket inched up to 0.8% ...

The New York Department of Financial Services (NYDFS) has fined Santander Bank $400,000 for issuing misleading loan disclosures, marking another signal from regulators that transparency in consumer lending remains a top enforcement priority. According to NYDFS, the bank failed to ...

Federal credit unions have secured a significant exemption from Illinois’ controversial interchange fee law, marking a notable development in the ongoing clash between financial institutions, merchants, and state regulators over payment processing costs. The exemption, clarified through recent legal and ...

In summary Businesses and some lawmakers urge state leaders to reject the governor’s budget proposal to permanently limit R&D tax credits. Welcome to CalMatters, the only nonprofit newsroom devoted solely to covering issues that affect all Californians. Sign up for WhatMatters to ...

The Consumer Financial Protection Bureau (CFPB) is telling mortgage lenders that immigration status may need to be considered when evaluating a borrower's ability to repay a loan, marking a significant shift in tone from the agency and placing immigration policy ...