'Tis the season for returning to school and learning something new. When I was growing up, we learned the long multiplication algorithm by which you multiply numbers right to left, insert zeros along the way, write some leading digits on top rather than on the bottom, add some of those numbers for an intermediate answer, and then add those intermediate answers together to get the final answer.
DENVER — Colorado bankruptcies declined 2.8% in September compared with the same period a year ago. Bankruptcy filings declined slightly in Boulder and Larimer counties, with increases in Broomfield and Weld counties. That’s according to a BizWest analysis of U.S. Bankruptcy Court data.
Pioneer Credit Recovery will cut nearly 230 jobs in Wyoming County by the end of the year, as the ripple effect of the federal government's student loan forgiveness program hit the collections firm.
The CFPB, in a notice published in the Federal Register on September 27, 2022, announced that it was rescinding its No-Action Letter and Compliance Assistance Sandbox policies (Policies). The rescission was effective on September 30, 2022.
A California state court has overruled the demurrer filed by Opportunity Financial, LLC (OppFi) to the cross-complaint filed by the California Department of Financial Protection and Innovation (DFPI) in which OppFi asked the court to reject the DFPI’s “true lender” challenge. In its cross-complaint, the DFPI alleges that California usury law applies to loans made through OppFi’s partnership with FinWise Bank (Bank) because OppFi, and not the Bank, was the “true lender.
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