Flagship Credit Acceptance, a leading non-prime auto-finance provider, has agreed to sell its operating assets and business operations to InterVest Capital Partners, an investment firm specializing in niche credit strategies. The deal involves transferring Flagship's business to a newly formed ...

TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Equifax Canada has joined the Canadian Anti-Scam Coalition to provide its industry leadership and expertise to help fight financial crime. Canadians lost an estimated $645M* to fraud last year — yet experts estimate ...

Mid Oregon Credit Union invites the community to participate in its popular annual Holiday Dough fundraiser, supporting local charities that provide food and other needed items to individuals and families experiencing financial challenges during the holiday season. Holiday Dough kicks ...

A national debt collection lobby is challenging a Colorado law that prevents medical debt from appearing on the consumer credit reports of state residents. Enacted in 2023, HB23-1126 required all credit agencies to remove any medical debts in collection, while ...

The Consumer Financial Protection Bureau (CFPB) is expected to take a significantly faster route in revising the open banking rule, aiming to complete the rewrite before the end of 2025. The agency is considering bypassing some standard procedural steps, such ...

Auto loan delinquencies have reached historic highs in 2025, with subprime borrowers especially affected and overall rates surpassing those seen during the 2009 recession. The subprime delinquency rate (loans overdue by 60+ days) climbed to 6.65% in October, the highest ...

Bank of America has announced a new commitment of $250 million over the next five years to address hunger and basic needs across the United States, including an immediate $5 million donation to support nearly 100 local nonprofit organizations working ...

Mortgage delinquencies increased in the third quarter (Q3) of 2025, reaching a seasonally adjusted rate of 3.99% of all loans outstanding on one-to-four-unit residential properties. The rise in delinquencies was primarily driven by FHA loans, which saw their delinquency rate ...

The Consumer Financial Protection Bureau (CFPB) has proposed significant changes to anti-discrimination protections, aiming to narrow the scope of long-standing fair-lending rules rooted in the Equal Credit Opportunity Act (ECOA). The most notable rollback would eliminate regulators’ ability to use ...