New Jersey bank and affiliate fined by FDIC over debt settlement loans
Photo: Ron Cogswell Cross River Bank, New Jersey, and an affiliated debt settlement company are being fined by the Federal […]
Banks
The Bancorp Bank to pay $3.3 million for charging higher fees for prepaid cards than it disclosed
Photo: Coolcaesar at English Wikipedia The Bancorp Bank, one of the largest prepaid card issuers, agreed Wednesday to pay a $2 million
Consumer finance agency needs to be independent to do its work, consumer groups say
The U.S. Consumer Financial Protection Bureau’s independence from external political influence is crucial to the agency’s mission of protecting consumers,
Equifax’s free Lock & Alert is lacking, and consumers should place freezes instead on credit bureau accounts, consumer group says
Equifax launched Lock & Alert Wednesday, a service that will allow consumers to lock and unlock their Equifax credit reports indefinitely
Three European banks to pay $46.6 million for ‘spoofing’ and manipulation
© Raimond Spekking/CC BY-SA 4.0 via Wikimedia Commons Three banks and eight former traders, some of whom worked for the
PHH Mortgage to pay $45 million for improper mortgage servicing
PHH Mortgage Corp. has reached a $45 million settlement with 49 states, the District of Columbia, and 45 state mortgage
Top 14 consumer stories for 2017
This year, there hasn’t been very much good news for consumers. One of the few positive thing I can think
Merry Christmas to you
Merry Christmas if Christmas is a day you celebrate. I'm lucky to be able to be celebrating this special day
Deutsche Bank to pay $220 million in 45-state settlement for manipulating interest rates
Deutsche Bank will pay $220 million in a 45-state settlement for fraudulent conduct involving the manipulation of U.S. Dollar and