Retail & Commercial

The draft released by the top Financial Services Committee Democrat would remove adverse information from credit reports and require consumer data furnishers to retain records.

Auto loan delinquency rates rose more than 9% in the second quarter ended June 30 versus the same period last year while auto loan debts rose for the 13th straight quarter, according to TransUnion.

The Federal Reserve Boardhashit Fulton Financial in Lancaster, Pa., and its subsidiary Lafayette Ambassador Bank in Bethlehem, with a cease-and-desist order.

Louisiana payday loan industry officials have created the Louisiana Payday Loan Association to help inform consumers and legislators about the accomplishments and goals of the industry.

Poage Bankshares in Ashland, Ky., has agreed to acquire Commonwealth Bank in Mount Sterling, Ky.

The rising student loan debt is inconsistent with trends for other U.S. consumer debt categories, according to analysis by Experian.

As bankers anticipate a rise in interest rates, they're looking for ways to attract and hold on to depositors. Many institutions are simply offering cash, but others are making more creative pitches. Here's a look at some of the unconventional methods banks are using to lure deposits.

Real estate investment trusts don't pose the credit risk to the Federal Home Loan Bank System that regulators claim they do, said the CEO of Two Harbors Investment Corp.

The Federal Reserve Board and the Consumer Financial Protection Bureau on Tuesday announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions.

Three former executives of a lucrative payday loan operation owned by Montana's Chippewa Cree Tribe received secret payments through a management company, a new lawsuit claims.