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The CFPB's announcement Monday that it's accepting complaints about marketplace lenders is a sure of a move toward regulating the burgeoning industry. It comes as marketplace lenders also grapple with an uptick in delinquent loans and a decline in returns for loan buyers.
March 8 -
The uninsured rate in the U.S. has reached a record low from 2010, when the Affordable Care Act took effect, according to the U.S. Department of Health and Human Services.
March 8 -
Outstanding consumer credit, a measure of non-real estate debt, rose by a seasonally adjusted $10.5 billion in January from a month earlier, the Federal Reserve reports.
March 8 -
A Buffalo, N.Y.-based debt collector allegedly misled and coerced thousands of people into paying debts they possibly didnt owe, according to a 41-count grand jury indictment.
March 7 -
The Consumer Financial Protection Bureau complaint portal showed the number of medical debt collection complaints, through early February, began to dip after August 2015.
March 7 -
Democratic lawmakers want the Department of Education to retract findings from a review of loan servicers that its inspector general called "unsupported and inaccurate."
March 4 -
A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.
March 3 -
Total U.S. bankruptcy filings fell 1% to 64,662 in February compared to 65,064 in February 2015, according to the American Bankruptcy Institute, based on data provided by Epiq Systems.
March 3 -
Oversight of the four largest mortgage servicers' compliance with the national mortgage settlement is officially over, the watchdog supervising the process said Thursday.
March 3 -
Debt-buying giant Encore Capital Group has announced it expanded its consumer Bill of Rights to identify customers on active military duty, thus halting all collections on their accounts.
March 3