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Getting 'trapped': Credit card users face record-high interest rates
The Bradford Era· 2 days agoThis could be the best and worst of times for credit card users — depending on the user. One group of savvy card users are cashing in on valuable perks like rewards and points ...
Buy now, pay later services have to act more like credit card providers now
The Verge· 6 days agoBuy now, pay later services — or BNPL for short — are now beholden to some of the same rules as ...
JD Supra: Kansas Enacts Earned Wages Access Law
JD Supra· 9 hours agoOn April 19, less than a month after Wisconsin’s enacted legislation, Kansas has followed suited by enacting comprehensive earned wages access legislation. Kansas’ law is set to take effect ...
Steward Health Care failure in Massachusetts predicted by Catholic activists back in 2010
Boston Herald· 2 days agoLawmakers were well warned more than a decade ago in advance of the current crisis surrounding...
JD Supra: CFPB Backs Connecticut and California Bills to Prohibit Medical Debt Reporting
JD Supra· 5 days agoRecently, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted letters to senators in Connecticut and California supporting their proposals to prohibit medical debt reporting ...
Rating firms cautious ratifying some private credit loans
Reuters via Yahoo Finance· 2 days agoBanks and insurers are making more requests to U.S. credit agencies for ratings on their risky loans...
CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra
JD Supra· 2 days agoAs part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association’s Secondary ...
Focus: Rating firms cautious ratifying some private credit loans
Reuters· 2 days agoBanks and insurers are making more requests to U.S. credit agencies for ratings on their risky loans...
After Georgia couple scammed, credit union warns customers about telephone fraud
Athens Banner-Herald via Yahoo Finance· 2 days agoCharlene Shirk, who is with Vystar’s public relations office in Jacksonville, Florida said a company will never call and ask customers for debit or credit card information ...
Illinois Passes Legislation to Ban Reporting of Medical Debt | JD Supra
JD Supra· 6 days agoOn May 16, the Illinois legislature passed Senate Bill (SB) 2933. The bill amends the Illinois Consumer Fraud and Deceptive Business Practices Act making it unlawful for a consumer ...
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