Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...
Many states can use existing laws to fight “junk fees,” according to a federal regulator. Addressing a Pennsylvania house committee, Brian Shearer, senior advisor to...
Three credit reporting agencies have taken another step in removing medical collection tradelines from credit reports. Equifax, Experian and TransUnion have removed medical collections debt...
The words “systemic” and “risk” have been on everyone’s lips in the past few weeks. And for Big Tech, at least, the regulatory gaze will...
The Consumer Financial Protection Bureau is reminding lenders of its 13-year-old rule against “abusive” conduct. The CFPB issued a policy statement Monday (April 3) explaining...
New rules released by the Consumer Financial Protection Bureau on Thursday will change small business lending. And for the lenders — banks and non-banks —...
States can continue extending disclosure laws covering lending to businesses. The Consumer Financial Protection Bureau (CFPB) said in a Tuesday (March 28) preemption determination that such state laws are...
The Consumer Financial Protection Bureau has scored a legal victory ahead of its fateful Supreme Court case. A federal appeals court ruled Thursday (March 23)...
The exploding use of buy now, pay later (BNPL) needs to have some oversight governing that growth, Omri Flicker, chief legal and risk officer at...