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September

8
2023
Industry News

CFPB files opposition to preliminary injunction motion of plaintiffs in Kentucky lawsuit challenging CFPB’s small business lending rule

The CFPB has filed its opposition to the motion for a preliminary injunction filed by the plaintiffs in the Kentucky federal court lawsuit challenging the CFPB’s final small business lending rule (Rule).

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September

8
2023
Industry News

Wright-Patt Credit Union wins top Air Force award for ‘doing it right’

WRIGHT-PATTERSON AIR FORCE BASE, Ohio – Wright-Patt Credit Union was honored by Wright-Patterson Air Force Base leadership Aug. 24 for going above and beyond in providing the local Air Force community with superior financial services and education.

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September

8
2023
Industry News

New Jersey Federal Court Dismisses FDCPA Claim Based on Alleged Failure to Obtain Proper License for Lack of Standing

In Valentine v. Mullooly, Jeffrey, Rooney & Fylnn LLP the U.S. District Court for the District of New Jersey found that the plaintiff had not suffered an injury in fact and therefore lacked standing to assert a claim under the Fair Debt Collections Practices Act (FDCPA).

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September

8
2023
Industry News

Consumer Alert: Don’t Fall for Student Loan Repayment Scams

As the student loan landscape continues to evolve, borrowers face shifting deadlines, confusion, and uncertainty. As of September 1, 2023, the student loan payment pause has been lifted. Interest is again accruing on federal student loans and payments come due starting in October.

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September

8
2023
Industry News

Apple and Google are ‘choke points’ to equitable payment system: CFPB’s Chopra

Consumer Financial Protection Bureau Director Rohit Chopra said Thursday that Apple (AAPL) and Google (GOOG, GOOGL) are acting as “choke points” to the US payment system, cutting off innovation by keeping other apps out.

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