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Rep. Maxine Waters, D-Calif., will take the gavel on the Financial Services Committee next term.
December 24 -
The Massachusetts-based institution has paid out over $10 million to its members since 1996.
December 24 -
Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.
December 20 -
As part of the agreement with HSN, Synchrony has also extended its partnerships with HSN affiliates QVC and the e-commerce site Zulily.
December 20 -
Two groups are asking the agency to restrict collectors to "one live conversation per week" with a borrower and up to three phone attempts per week.
December 20 -
Maria Vullo is stepping down as head of New York's banking and insurance regulator after three years in which she created a national model for cybersecurity regulations at banks and fought back against federal attempts to chip away at payday-lending rules.
December 19 -
Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.
December 18 -
A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.
December 18 -
Lawrence Weinbach will replace David Nelms, who had already stepped down as CEO. The transition will take place Jan. 1.
December 17 -
U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans.
December 17