FDIC Under Fire After Report of Sexual Harassment, Other Misconduct
FDIC Under Fire After Report of Sexual Harassment, Other Misconduct The Wall Street Journal recently published an explosive report highlighting the “toxic atmosphere” described by current and former employees of the Federal Deposit Insurance Corp., including 20 women...
Banking Trade Groups Argue Interest Rate Cap Could Impact Subprime Borrowers’ Credit Access
Banking Trade Groups Argue Interest Rate Cap Could Impact Subprime Borrowers’ Credit Access In a recent joint letter to lawmakers, seven bank trade groups warned that the Military Lending Act, which would impose a 36 percent interest rate cap on consumer loans, could...
American Households Increase Total Debt by $78 Billion in Q3
American Households Increase Total Debt by $78 Billion in Q3 A new report released by WalletHub found that American households increased their total debt by $78 billion during the third quarter of this year. The average amount of total debt U.S. households owed was...
