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June

20
2023
Industry News

Student Loans: 14 Million Americans Will Face New Complications As Payments Resume

The federal student loan payment pause that has been in effect for more than three years will soon come to an end regardless of how the U.S. Supreme Court rules on the Biden administration’s loan forgiveness plan. When payments resume, you can expect plenty of complications — and delinquencies.

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June

20
2023
Trends

Report: Credit Card Delinquencies Rise as Consumers Drain Savings

Your card bill might read “2023,” but for credit card delinquency rates, it’s 2019. As Seeking Alpha noted in a report Monday (June 19), those rates now exceed pre-pandemic levels for at least three card companies: Capital One, Discover and Bread Financial.

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June

20
2023
Industry News

Fifth Circuit: Barton Doctrine Precluded Litigation by Chapter 7 Debtor Against Bankruptcy Trustee and Counsel

To shield bankruptcy trustees and certain other entities from litigation arising from actions taken in their official capacity, the "Barton doctrine"—now more than a century old—provides that such litigation may be commenced only with the authority of the appointing court.

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June

20
2023
Industry News

ODOT: 3.5 million Oregonians may be impacted by DMV data hack

PORTLAND Ore. (KPTV) - A massive global data breach has exposed the personal information of millions of Oregonians who have a DMV-issued identification card. Airlines, banks, universities, foreign governments, other state-level agencies, and more, were all also impacted by the attack.

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June

19
2023
Industry News

Alabama ONE Named Credit Union of the Year

Tuscaloosa, AL: Alabama ONE has been named the 2022 Credit Union of the Year among credit unions with more than $500 million in assets by the League of Southeastern Credit Unions (LSCU). The LSCU Awards Committee awards Credit Union of the Year Awards for Alabama, Florida, and Georgia. Recognized as the best Alabama credit union with $500 million and over in total assets, Alabama ONE received the 2018 Credit Union of the Year Award and is now a recipient of this award for the second time.

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