What’s iBuying? iBuyers purchase homes from sellers at a lower than market price based on algorithms, pay the seller almost immediately, make needed improvements, then re-sell the homes. The cost of using iBuying sellers is 13-15 percent of a home’s sale price.
ITT Educational Services Inc. has agreed to a settlement with the Consumer Financial Protection Bureau or CFPB to resolve the agency’s lawsuit, which alleges that ITT engaged in predatory lending practices in its private loan program.
Millions of consumers have given up on cable due to rising costs and poor customer service. In 2018, the traditional U.S. pay-TV providers, including cable service and satellite TV, lost more than 3 million subscribers.
Equifax has agreed to pay $575 million, and possibly up to $700 million, in a settlement with the FTC, the Consumer Financial Protection Bureau, and 50 states. The settlement alleges that the company’s failure to take steps to secure its network led to a data breach.
The Consumer Federation of America joined other consumer and public health groups Wednesday in calling for a warning statement on
U.S. Department of Education data shows that nearly a quarter of the more than 43 million federal student loan borrowers
The Federal Trade Commission and the U.S. Food and Drug Administration sent four warning letters Friday to firms that make
Auto lenders are taking advantage of Americans who need their cars to go to work or school and for shopping,
With the Trump administration proposing to reduce federal oversight of mortgage lending, perhaps the most obvious lesson from the 2008 financial crisis, the
