Aug 28, 2020 | Federal Regulation, Financial Literacy, News
CFPB Report Examines How Servicemembers Build Credit Histories Last month, the Consumer Financial Protection Bureau (CFPB) released a report showing how credit records progress with military service for active duty servicemembers aged 18 through 24. It analyzes...
Aug 26, 2020 | News, Online Lending
Online Lenders and Colorado AG Announce Settlement in Bank Partnerships Suit A new settlement between Colorado authorities, two online lending companies, and the lenders’ bank partners provides for a legal safe harbor in the state if the lenders abide by new...
Aug 24, 2020 | Federal Regulation, Financial Literacy, News
CFPB Adds New Capabilities to Consumer Complaint Database Last month, the Consumer Financial Protection Bureau (CFPB) announced a new trends view on its Consumer Complaint Database, which allows consumers to see information on complaints over time with additional ways...
Aug 21, 2020 | Congressional Legislation, News
Sen. Bennet Introduces Legislation to Help Tribal Businesses Access PPP Loans Senator Michael Bennet (D-Colo.) introduced a bill earlier this month that would permit businesses with the same Employer Identification Number (EIN) to submit loan applications through the...
Aug 19, 2020 | FinTech, News
Facebook Launches Financial Group for Payments Facebook recently revealed a new group called Facebook Financial to seek more commerce opportunities and run all payments projects, including Facebook Pay, the universal payments feature that the company plans to install...
