Non-Prime Online Lending Trends and Consumer Feedback Share Common Ground
← Previous Article Next Article → Sponsored by Lenders and consumers are finding each other online.Findings from Clarity’s 2019 Alternative Financial Services Lending Trends report agree with our recent consumer research, where several non-prime...
NCUA Grants Charter to Tribal Credit Union
← Previous Article Next Article → The National Credit Union Administration (NCUA) announced yesterday that it had granted its first federal credit union (FCU) charter in 2019, presenting it to the Otoe-Missouria FCU in Red Rock, Oklahoma. “I congratulate the...
Fed Releases Financial Stability Report
← Previous Article Next Article → Earlier this month, the Federal Reserve (Fed) released its semi-annual Financial Stability Report, which provides an overview of the stability of the U.S. financial system while highlighting near-term risks that pose a...
Mixed Reactions to CFPB’s Debt Collection Rulemaking
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released last week a notice of proposed rulemaking that would establish new rules on debt collection, primarily for third-party debt collectors. Reactions from industry...
House Financial Services Committee Announces New Task Force on Fintech
← Previous Article Next Article → Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, announced on May 9 the creation of a new task force on financial technology (fintech). According to the press release, the task force...
CFPB Announces Deputy Director and Senior Leadership Additions
← Previous Article Next Article → On May 13, Consumer Financial Protection Bureau (CFBP) Director Kathy Kraninger announced in a press release that Brian Johnson will serve as the deputy director. Johnson joined the CFPB in December 2017 after more than five...
Your Homebuyer Readiness Checklists
← Previous Article Next Article → Before purchasing a home, it’s important to assess your personal and financial readiness. After weighing the pros and cons of owning a home, we have listed a few great general questions below to help you self-assess your...
Sanders and AOC Propose Capping Interest Rates on Credit Cards at 15 Percent
← Previous Article Next Article → Senator Bernie Sanders (I-VT) and Congresswoman Alexandria Ocasio-Cortez (D-NY) have joined forces to propose legislation that would cap interest rates on credit cards at 15 percent and allow the U.S. Postal Service to offer...
