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The chief executive officer of Exeter Finance responds to critics who argue that it's become too easy for Americans with low credit scores to finance a car purchase.
February 19 -
It's taken about three years of experimenting, but Thomas Bloetscher says Regions Bank has started to crack the code on lending to people with scant credit histories.
February 19 -
Legislation to create an independent inspector general at the Consumer Financial Protection Bureau is circulating again.
February 19 -
Credible Labs in San Francisco has completed a round of seed financing that it says will fuel further growth of its student loan refinancing business.
February 19 -
The FDIC is taking important steps to undo the damage caused by Operation Choke Point but fraud prevention company Early Warning apparently didnt get the memo.
February 19
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American Express rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge found.
February 19 -
Pennsylvania government agencies are not allowed to release someone's home address under the Right-to-Know Law without first making the person aware their address has been requested - thus giving them a chance to fight it, a state court ruled this week.
February 19 -
Banks' business models are even more vulnerable to a massive shake-up than industry behemoths like McDonalds and Coca-Cola. The industry will be redefined by technological change and shifting consumer preferences, as well as by regulations that limit the sector's adaptability.
February 19 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy Peoples Bancorp in Auburn, Ind.
February 19 -
Freddie Mac will return $900 million to the Treasury Department next month, bringing total payments to nearly $21 billion above what it received in federal aid after the 2008 credit crisis.
February 19
