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The case — the card issuer's third in six years — is an example of the legal peril that banks and other companies continue to face over the use of automated phone calls for debt collection and other purposes.
October 31 -
Digit is applying its automated-savings techniques to the growing problem of student loan debt.
October 31 -
Mark Zandi of Moody's and Barrett Burns of VantageScore Solutions sit down to discuss consumer credit behavior, recession indicators and the big secret about private capital and mortgage markets. A Consumer Credit Podcast
October 30 -
Mark Zandi of Moody's and Barrett Burns of VantageScore Solutions sit down to discuss consumer credit behavior, recession indicators and the big secret about private capital and mortgage markets. A Consumer Credit Podcast
October 30 -
A remark by Director Kathy Kraninger during a congressional hearing has renewed a fierce debate over how the agency uses academic studies to support rulemakings.
October 30 -
Nearly two dozen Senate Democrats say the CFPB should "immediately" open up an enforcement investigation into the Pennsylvania Higher Education Assistance Agency’s loan forgiveness program for alleged mismanagement.
October 30 -
Treasury secretary says regulators could look to help ease liquidity logjam in money markets; workers will get special bonuses for the third straight year.
October 30 -
Credit unions in the Garden State are frequently at the bottom of national rankings for key financial metrics. Further consolidation is likely needed to help bolster these results.
October 30 -
The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.
October 29 -
The transaction will expand the CUSO's reach to nearly 1,200 credit unions.
October 29 -
The nation's largest private student lender plans to curtail its use of forbearance, a move that could well save some borrowers money but could also result in more defaults.
October 27 -
Figure Technologies, which has made $600 million in home equity loans in the past year, says its next move will be refinancing student loans.
October 25 -
The credit card issuer, which recorded an 11% decline in net income last quarter, took one-time charges in connection with a U.K. sales scandal, the start of a new partnership with Walmart and a recent data breach.
October 25 -
The combination of low unemployment, rising wages and falling interest rates means more households are taking out loans for big-ticket items like speedboats and mobile homes.
October 24 -
It has already been modifying more problem loans and investing in efforts to recover charged-off loans, and now the credit card lender is ready to tighten underwriting in case the economy weakens.
October 23 -
The credit card lender responded to the closing of Toys R Us stores last year by issuing Synchrony-branded cards to the retailer's customers. Now it's testing a general-purpose card with a wider array of clients.
October 21 -
Fisher Investments is out more than $1 billion following Ken Fisher’s controversial remarks at a conference. Where do men pull ahead of women in promotions? Right from the start. Plus, a girls’ high school soccer team makes national news.
October 21
Financial Planning -
On Jun. 30, 2019. Dollars in thousands.
October 21 -
On Jun. 30, 2019. Dollars in thousands.
October 21 -
Gordon Sondland, the U.S. ambassador to the European Union, is often described as a hotelier from the Pacific Northwest. But he has also had a long and sometimes controversial career in finance.
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