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Four advocacy groups questioned why the consumer bureau did not ask a judge to lift a stay of the rule's payment provisions.
August 12 -
Large banks are going from more rural areas to expand in cities like Pittsburgh. Credit unions in the affected markets will have to adapt to survive.
August 12 -
Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.
August 9FICO -
A new survey from PenFed found that 40% of adults said that personal finances or job stability was the No. 1 factor when thinking about purchasing a home.
August 8 -
New data from the state shows that payday loans fell to a 12-year low in 2018. But the trend does not necessarily mean that consumers are paying less to borrow.
August 8 -
New York and 10 other states are looking into whether companies in the fast-growing sector are violating payday lending laws.
August 7 -
The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.
August 7 -
The industry faces additional risks when members take out auto loans and then list their new vehicles on apps for others to rent.
August 7 -
The CFPB is giving the public an additional 30 days so consumer groups have more time to respond.
August 2 -
“Digital Vault” will allow customers to store encrypted documents on third-party servers; bank accuses Orcel of misdeeds.
July 26