CFPB Launches Rulemaking to Remove Medical Debt from Credit Reports
CFPB Launches Rulemaking to Remove Medical Debt from Credit Reports Last week, the Consumer Financial Protection Bureau (CFPB), announced a new rulemaking process to remove medical debts from Americans’ credit reports. The Bureau says that the proposals under...
Senate Banking Committee Schedules Vote on SAFE Banking Act
Senate Banking Committee Schedules Vote on SAFE Banking Act On September 27, the Senate Committee on Banking, Housing, and Urban Affairs is set to hold a vote on the Secure and Fair Enforcement (SAFE) Banking Act, which would make it easier for financial institutions... Sen. Josh Hawley Proposes Legislation to Cap Credit Card Interest Rates at 18%
Sen. Josh Hawley Proposes Legislation to Cap Credit Card Interest Rates at 18% Last week, Senator Josh Hawley (R-Mo.) introduced legislation that would cap the maximum interest rate credit cards could charge annually at 18 percent. By comparison, the average credit...
