Photo: Diego M. Radzinschi/ALM In January 2023, the Federal Trade Commission (FTC) issued a proposed rule that would ban most noncompete agreements throughout the United States. After receiving more than 26,000 public comments, this past April the FTC voted 3-2 ...

New Jersey’s program follows a trend of states forgiving eligible residents’ medical debt using federal funds and services of Undue Medical Debt. Several states have announced various medical debt relief programs in recent months, with New Jersey being the latest ...

Experian has today announced its new partnership with Paylink, a leading provider of affordability software and payments, to address affordability restrictions with debt consolidation loans. External This content is provided by an external author without editing by Finextra. It expresses ...

On August 21, the CFPB entered into a consent order with a nonbank mortgage servicer for mortgage servicing violations and for violating an earlier 2017 CFPB consent order for deficient foreclosure practices. In 2017, the CFPB took action against the servicer for violations of ...

On August 21, a group of trade organizations filed an amicus brief in support of a motion to dismiss filed by a subprime auto lender that is the target of a joint enforcement action brought by the CFPB and the New York ...

Consumer Financial Protection Bureau Director Rohit Chopra on April 26, 2022 in Washington, DC. Win McNamee via Getty Images The Consumer Financial Protection Bureau was hit with a barrage of public comments last week regarding its earned wage access rule ...

On August 27, we blogged about the Ninth Circuit unpublished panel opinion in Kivett v. Flagstar Bank issued upon remand of the case from the Supreme Court with instructions to follow the guidance of the Supreme Court contained in its ...

Sept 4 (Reuters) - A company that defeated a U.S. Federal Trade Commission lawsuit claiming it duped consumers into buying print subscriptions has asked a U.S. judge to award $5.4 million in legal fees for the agency's “dramatic overreach.” Attorneys ...

The bureau alleges NewDay USA provided “misleading and incomplete” cost information to borrowers in the military and veterans. The company said the issues were the result of “minor reporting errors” causing no financial harm to its borrowers. NewDay USA, a ...