Consumer advocates had feared that the agency would make the database private. The Consumer Financial Protection Bureau is keeping its consumer complaints database public, in a surprising move that may assuage advocates' concerns. The agency said Wednesday that it will continue to publish consumer complaints publicly, but that it was also make significant changes to the database.
Many American voters have come around to the idea that the loans are an unsustainable burden. Student-debt cancellation, once viewed as a niche political issue, has now, with loans topping a staggering $1.5 trillion, made it onto the platforms of major presidential candidates. Since at least the Great Recession a decade ago, borrowers, activists and others have been building a case that erasing debt acquired during students college years is a matter of economic justice.
WASHINGTON, Sept. 18, 2019 ACA International's comprehensive comments in response to the Consumer Financial Protection Bureau's proposed debt collection rule recommend fair and objective policies that clarify legal obligations for the accounts receivable management industry and provide clarity for consumers.
Some Wall Street analysts have begun to question whether Citigroup Inc's (C) big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly. The New York-based lender is the third-largest card issuer by payments, according to industry publication The Nilson Report.
Some Wall Street analysts have begun to question whether Citigroup Inc's (C) big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly. The New York-based lender is the third-largest card issuer by payments, according to industry publication The Nilson Report.
This state had the highest second-quarter debt increase in the country. Not all financial futures are looking sunny in California. In fact, the average Golden State household is buckling under $10,175 in credit card debt, and the state added an eye- watering $4.4 billion in total credit card debt in the second quarter, according to WalletHub's new Credit Card Debt Study.
Robocall prevention, tackling drug prices, probing Facebook's cryptocurrency also on lawmakers' to-do list as they return to work. With a limited amount of time to avoid a second government shutdown this year, members of the Senate Appropriations Committee might end up in a full-fledged sprint. Prior to the August recess, the House passed 10 out of 12 of its annual funding bills.
SAN FRANCISCO, Sept. 4, 2019 RetireOne®, the leading independent platform for fee-based insurance solutions, and Jackson National Life Insurance Company® announced a new strategic alliance to bring the carrier's popular advisory annuity products to fee-only advisors through the independent Registered Investment Advisor channel.
NEW YORK, Sept. 3, 2019 Newmark Knight Frank is pleased to announce that three industry-expert capital markets professionals, Evan Layne, Brett Siegel and Jean Celestin, have joined NKF as Vice Chairmen and Co-Heads of the New York Capital Markets Investment Sales division. "NKF's Capital Markets growth in New York City, and other major U.S. markets, has been and will continue to be remarkable.
Former reality-television star was a senior Republican on House Financial Services committee. Sean Duffy, a Republican from Wisconsin who was a senior member of the minority on the House Financial Services Committee, announced Monday he was resigning from Congress to take care of his family. In a post on Facebook, Duffy said he decided to step down after he found out that his expected child is going to need medical attention from a heart condition.
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