Consumer lending

The Department of Education wants to make student loan payments easier through the launch of a single Web portal for federal student loan borrowers.

Recent prosecutions against lenders accused of usury violations will test the government's use of a law more commonly known in organized crime cases.

The Consumer Financial Protection Bureau is expected on May 5 to release a proposal that would allow consumers to ban together in class action lawsuits even if there is an arbitration agreement.

The Coalition to Improve Credit Education, a group that will focus on policy issues involving helping consumers understand how they can improve their credit reports and scores, launched this week with the support of more than 20 community development, financial literacy and minority leadership organizations.

The Consumer Financial Protection Bureau lacks the authority to investigate how accredit ors approve for-profit colleges, according to a ruling Thursday by a federal judge.

The CFPB filed complaints in federal court Thursday against two co-founders of a company that resold loan applications containing personal data to lenders and data brokers without reviewing the sources of those leads or the purchasers.

Sen. Ted Cruz has made killing the Consumer Financial Protection Bureau one of his key stances on banking policy during his fight to become the Republican presidential nominee.

U.S. home sellers in March sold their homes for $30,500 more than the purchase price, a 17% average gain in price and the highest average gain for home sellers since December 2007, according to RealtyTrac’s Q1 U.S. Home Sales report.

TCF Financial in Wayzata, Minn., reported sharply higher profits driven by gains on the sale of auto loans even as auto-related chargeoffs rose.

Debt buyer PRA Group (Nasdaq:PRAA), a global firm that acquires and collects nonperforming loans, has named Chris Burroughs as its new chief technology officer.

There are far more payday lending stores than McDonald's restaurants in almost every state in the nation. But unlike McDonald's burgers, payday lending is rarely affordable and generally not digestible.

Attempts by online lenders to debit payments from consumers' checking accounts add a steep, hidden cost to online payday loans, according to a Consumer Financial Protection Bureau report released Wednesday.

To tackle alternatives to payday lending, regulators and the industry should consider these three ideas for pilot programs instead of the Consumer Financial Protection Bureau trying to fix what it cannot.

A Consumer Financial Protection Bureau study found that borrowers pay steep bank penalty fees and may have their checking accounts closed when they take out online payday loans.

Ally Financial has blasted a proxy advisory firm for its recommendation that shareholders vote against the re-election of four of the Detroit company's directors.

Regions Financial has made clear that it wants to ramp up in consumer and small-business lending, and a big part of its strategy is teaming up with alternative lenders.

The Ninth Circuit Court of Appeals has rejected an attempt by Allstate Insurance Co. to stop a Telephone Consumer Protection Act class action.

Consumer credit default rates remained relatively flat in March despite a jump in bank card default rates, according to the S&P/Experian Consumer Credit Default Indices.

A purported nonprofit that allegedly benefitted from a massive landline phone bill cramming operation has agreed to turn over most of its assets in order to settle Federal Trade Commission charges.

A Meridian, Miss.-based collection agency told the Lauderdale County (Miss.) Board of Supervisors last week that they have the expertise to collect $7.2 million in unpaid fines and fees owed to the county since 1984.