Consumer lending

The Federal Reserve had ordered improvements in compliance, board oversight, risk management, capital planning and liquidity risk management that spanned multiple subsidiaries.

The letter from lawmakers to the bureau follows a report that the agency does not view the exams as explicitly required by the law.

With back-to-school season in full swing, credit unions are taking another look at private student loans. Learn about the different ways to get into this business.

The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.

The number of consumers being pursued by debt-collection agencies fell dramatically in the past year, but it's as much technicality as achievement, and bankers need to keep that in mind when reviewing the credit scores of millions of Americans.

Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.

It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.

Wells Fargo & Co. is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.

The agency's settlement with Robert Moseley Sr. and Robert Moseley Jr. was enforced by the U.S. District Court for the Western District of Missouri.

The bureau is expected to choose an option that could trigger court challenges after a judge yet again refused to halt the rule’s compliance date.

Joe Baratta, Blackstone’s global head of private equity, said that he was drawn to the Sacramento, Calif., company because he believes its technology offers lenders a more efficient way to find customers.

Forty credit unions participated in the study, which led to nearly $85 million in loans over the course of 18 months.

While a significant amount of press has been made about providing faster access to payments for Uber and Lyft drivers, as well as workers in the gig economy, there is an underserved community of millions of Americans who work in low-wage jobs living paycheck to paycheck.

The online small-business lender was aided by loan growth, wider margins and stable credit trends. Its shares surged by 25% after second-quarter earnings were announced.

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.

Readers react to Wells Fargo's latest penalty, weigh in on the Vatican's criticism of credit default swaps and opine on the long tail of the financial crisis.

The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts.

The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.

As memories of the financial crisis fade, consumers are back to their old spending and saving habits — and that could be a big problem.