SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced that a Concord-based lender, Apoyo Financiero, Inc., must pay a hefty $1 million penalty for charging excessive interest and fees to its customers. In addition, the company will ...

American Express isn't worried about competition from buy now, pay later companies because the credit card giant targets wealthier customers, an Amex executive said this week. BNPL users generally have lower credit scores and are on the lower end of ...

As the regulatory agenda at the Consumer Financial Protection Bureau (CFPB) continues to heat up, it has undertaken a series of rapid and varied actions that carry significant implications for regulated entities and warrant careful monitoring and engagement. In recent ...

A major debt collecting company, Panthera Finance Pty Ltd, allegedly pursued over 200,000 debts from Victorians while banned from operating in the state due to previous breaches of consumer protection laws. The company, based in Queensland, was prohibited from engaging ...

LANSING, Mich. (WILX) - MSU Federal Credit Union is partnering with the Lansing School District to host a financial literacy event Thursday, teaching students about saving for college. The event is open to Lansing students from kindergarten through 11th grade ...

The news: Some Capital One debit cardholders feel dissatisfied with the shift from Mastercard to the Discover network, per The Wall Street Journal. Cardholders who frequent small businesses found acceptance issues at checkout. Others hit issues paying monthly subscriptions with ...

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 ...

(RTTNews) - Equifax (EFX) announced that it has completed its acquisition of Vault Verify, a company that provides employment and income verification services. The deal strengthens the data Equifax supplies to verifiers and gives employers another way to share information ...

Candriam S.C.A. increased its holdings in TransUnion (NYSE:TRU - Free Report) by 45.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,969 shares of the business services ...