The CFPB has dismissed its case against Navy Federal Credit Union alleging it charged illegal overdraft fees. In November, the bureau ordered Navy Federal to refund more than $80 million to consumers, stop charging overdraft fees it deemed illegal, and ...

Companies that service or collect commercial debt are reminded that new practice requirements are taking effect in California starting July 1, 2025. As Mayer Brown reported when California Senate Bill 1286 was enacted in 2024, the legislation will amend the California ...

Individual Chapter 7 Filings Increased by 15 Percent NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Total bankruptcy filings were 276,126 during the first six months of 2025, a 10 percent increase from the 251,069 total filings during the same ...

Bloomberg News WASHINGTON —  The House narrowly passed a massive tax and spending bill, capping months of deliberations and sending President Trump's signature legislative priorities to his desk, where he is expected to swiftly sign it, symbolically, on July 4 ...

article FILE-A man shows some of his credit cards as he pays for items at a store. (Photo by Joe Raedle/Getty Images) Late credit card payments can cause a substantial financial ripple effect from negatively impacting your credit score and ...

The U.S. government has secured a legal victory in its efforts to access crypto user data, with Coinbase at the heart of the case. After years of legal proceedings, the courts have ruled in favor of the IRS, granting it ...

Americans have never had so much debt. U.S. household balances — including mortgages, credit cards, student, auto, and personal loans — reached a record-breaking $18.2 trillion in the first quarter of 2025, according to the Federal Reserve Bank of New ...

By David Latona and Karin Strohecker SEVILLE, Spain (Reuters) -A number of wealthy creditor nations and multilateral lenders have launched an initiative that aims to give sovereign borrowers breathing space on debt payments in the event of a climate or ...

Business Insider: Typical American carries $6,730 in credit card debt By Rachel DePompa Published: Jul. 3, 2025 at 8:52 AM HST (InvestigateTV) — Getting a call from a debt collector can feel overwhelming—and intimidating. But consumer advocates say the worst ...