Cuts to the Consumer Financial Protection Bureau (CFPB) are starting to hit Americans’ credit as they face difficulty removing erroneous entries, costing some housing and loans. Several oversight agencies and nonprofits suggested the agency is on life support as Americans ...

NEW YORK – Today, Mayor Zohran Kwame Mamdani and the New York City Department of Consumer and Worker Protection (DCWP) announced a lawsuit against Instant Recovery Corp., a Bronx-based tow truck operator, for allegedly engaging in predatory practices and repeatedly ...

Richardson-based Texans Credit Union is merging with Las Colinas Federal Credit Union, bringing the combined institution to approximately $2.6 billion in assets and 150,000 clients across 14 North Texas branches. The deal, finalized on February 28, adds roughly $95 million in assets, ...

The Senate on Monday, March 9, approved on third and final reading Senate Bill No. 1744, otherwise known as the Fair Debt Collection Practices Act. Voting 20-0-0, the Senate approved on third reading Senate Bill No. 1744, or the Fair ...

The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical conflict, said executives and analysts. The killing ...

Revolut has formally applied for a U.S. national bank charter, a move that would let the crypto‑friendly fintech operate as a full‑service, FDIC‑insured bank across all 50 states if approved. What Revolut just did Revolut submitted de novo applications to ...

So as we reported earlier things are really getting spicy in the battle over whether SMS messages are covered by the TCPA. Here is the current scoreboard. There are seven cases holding SMS messages are NOT calls: Jones v. Blackstone Med ...

Johns Hopkins Bloomberg School of Public Health findings show medical debt can increase the risk of missing rent or mortgage payments. The financial services industry and collections professionals are equipped to help consumers with medical debt. New research from the ...

Car payments have been climbing for years, and for many buyers, the numbers are starting to stretch household budgets. Higher vehicle prices and rising interest rates have pushed monthly payments into a territory that once seemed unthinkable for a typical ...