By Charlene Crowell NNPA Columnist In everyday life, birthdays and anniversaries of many sorts are observed and celebrated. When it comes to consumer finance, there...
KEN SWEET, AP Business Writer NEW YORK (AP) — Nine million credit card customers will receive refund checks from Citigroup after U.S. regulators forced the bank...
(Reuters) – A U.S. judge signed off on Tuesday on a $50 million settlement between the Consumer Financial Protection Bureau and Sprint Corp over claims...
By Charlene Crowell NNPA Columnist When it comes to consumer finance, traditional lenders usually review credit scores before reaching a decision. In general, the higher a...
KEN SWEET, AP Business Writer NEW YORK (AP) — The Consumer Financial Protection Bureau has fined Regions Bank $7.5 million for illegally charging customers for overdraft...
By Charlene Crowell NNPA Columnist Financially-troubled Corinthian Colleges, once one of the nation’s largest for-profit colleges, has a new financial hurdle: a $30 million fine....
By Charlene Crowell NNPA Columnist Although arbitration is often associated with labor unions, millions of consumers are also affected by it and don’t even know...
(New York Times) – Minority borrowers were once starved for credit through redlining — banks’ refusal to provide mortgages in their communities. Now the booming auto industry has...
NEDRA PICKLER, Associated Press BIRMINGHAM, Ala. (AP) — Embracing proposed new rules aimed at payday lenders, President Barack Obama on Thursday said working families need protections...
By Charlene Crowell NNPA Columnist When it comes to financial services, many consumers are surprised by the range of fees attached to their transactions. From...
WASHINGTON (SFGate.com) — Arbitration clauses in the fine print of credit card and checking account agreements harm consumers by limiting the compensation they can receive...
(CBS News) – For years, lower-income consumers often found it impossible to get basic banking services such as a checking account because banks use a...
By Charlene Crowell NNPA Columnist In recent weeks a consistent drum beat against predatory lending’s small dollar loans has reached regulators and legislators alike. Broad consensus...
By Charlene Crowell NNPA Columnist A college education is supposed to open the doors to life-long careers and entry into America’s middle class. Yet, students that...
JOSH BOAK, AP Economics Writer WASHINGTON (AP) — The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being...
By Charlene Crowell NNPA Columnist In recent days, many policymakers and analysts have noted the July 21 anniversary of the Consumer Financial Protection Bureau (CFPB)....
By Charlene Crowell NNPA Columnist For the second time in as many years, the Consumer Financial Protection Bureau (CFPB) has fined a major payday lender....
JEFF HORWITZ, Associated Press WASHINGTON (AP) — The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a...
By Charlene Crowell NNPA Columnist If there was one key lesson from the recession it is that financial services need effective regulation. It took billions...
By Charlene Crowell NNPA Columnist After waiting for more than a year for a hearing on a bill that would reform how small dollar loans operate,...
[USA Today] Borrowers of high-interest payday loans often shell out more in fees than they borrow, a government watchdog says. About 62% of all payday loans...
By Charlene Crowell NNPA Columnist Although many economists claim the recession is over, millions of Americans are still reeling from its financial effects. In particular,...
By Charlene Crowell NNPA Columnist In the aftermath of a recent report that found the lack of student loan servicing standards and information on monies...
By Charlene Crowell NNPA Columnist Just in time for the holiday season, three federal regulators have taken two separate actions against payday lending. One seeks...
By Charlene Crowell NNPA Columnist Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), has delivered his mandatory semi-annual report to Congress. For consumers, the...
