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A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider· 4 days agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
TechCrunch via Yahoo Finance· 8 hours agoAI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted...
Texas District Court Orders Transfer of the Credit Card Late Fee Rule Lawsuit to D.C. … Again: Fifth...
JD Supra· 5 days agoOn Tuesday, the lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB or Bureau) credit card late fee rule (Final Rule) was ordered to be transferred from the ...
Consumer Bureau to Create ‘Corporate Offender’ Registry
New York Times· 13 hours agoMost companies will be required to report government and court orders penalizing them for consumer...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 4 | JD Supra
JD Supra· 5 days agoOn May 28, the staff of the Federal Trade Commission (FTC) provided its annual report to the Consumer Financial Protection Bureau (CFPB) on its enforcement and related activities ...
New consumer rule enhances protections for "buy now, pay later"
KOAM· 7 days agoAccording to the Better Business Bureau (BBB), "buy now, pay later" is a service that some retailers...
JD Supra: Stay ADvised: 2024, Issue 9
JD Supra· 2 days agoEndorsements: Love them or hate them (and social media does love them so), they are subject to ever-increasing regulatory scrutiny, and compliance isn't that cut and dried. Endorsements, when ...
How do you qualify for a debt consolidation loan?
Bankrate via Yahoo Finance· 1 day agoCompare lenders When comparing debt consolidation lenders, consider the APRs, fees and any other perks they offer borrowers. Also, look for consumer...
South Carolina embraces new EWA law
HR Dive· 7 days agoAs part of that registration, the state will require that the EWA providers list fees to be imposed on the employee or employer in providing the services, and include at least one option by ...
How a paperwork glitch is hurting student loan borrowers’ credit scores
Washington Post· 6 days agoWith an eye toward purchasing her first home, Alexandra Pimentel was religiously checking her credit...