← Previous Article Next Article → The New York Fed issued a report earlier this month comparing various forms of household debt and credit. Credit card delinquencies crept up to 4.6% for the third quarter of 2017, although delinquencies remain well below the...
← Previous Article Next Article → On November 26th a federal court jury in Philadelphia found former payday lending mogul Charles Hallinan and his business attorney Wheeler Neff guilty of racketeering and fraud. Hallinan was convicted for utilizing the same...
← Previous Article Next Article → On the day after Thanksgiving when most Americans were out shopping for the holidays, outgoing Consumer Financial Protection Bureau (CFPB) Director Richard Cordray quietly appointed his Chief of Staff, Leandra English, as...
As part of the agency’s financial education mandate, the Consumer Financial Protection Bureau released a report this week chronicling consumer experiences with bank account overdraft coverage. The study found that many account holders did not understand how their...
The Consumer Financial Protection Bureau (CFPB) asked a federal judge in California on November 19th to hit CashCall with $287 million in restitution and penalties for making thousands of loans that borrowers were not legally obligated to repay. CashCall worked...
