Biden Administration Cancels Another $7.7 Billion in Student Loans
President Biden announced another round of student loan forgiveness on Wednesday, canceling $7.7 billion in debt for 160,000 people in…
How Major Credit Card Networks Are Using AI to Battle Fraudsters
When it comes to preventing credit card fraud, the companies that issue your credit card and the payment networks they…
Buy Now, Pay Later Plans Could Be Counted as Credit Cards, CFPB Says
Andriy Onufriyenko/Getty Images All your buy now, pay later plans might soon be treated as credit card purchases. At least,…
Americor Debt Relief Review 2024
Americor is a company that offers debt settlement and other services to help clients pay down unsecured debt such as…
How to pay off credit card debt in a year (or less)
If you’re trying to pay off your credit card debt quickly, there are ways to expedite the process. Getty Images…
Best Business Checking Accounts for May 2024
You’ve probably maintained a personal checking account for a long time. But if you are a business owner looking to…
CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay…
Prepared Remarks of CFPB Director Rohit Chopra on the Buy Now, Pay Later Press Call
The Consumer Financial Protection Bureau is issuing an interpretive rule to make clear that the business practices of lenders marketing…
Biden administration to cancel another $7.7 bn in student loans for 160K borrowers – Firstpost
US President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing…
CFPB to classify BNPL loans as credit cards under consumer laws
Rohit Chopra, director of the Consumer Financial Protection Bureau, said that “any mechanism, tool or procedure that consumers can use…