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May

22
2023
Industry News

Pennsylvania Attorney General Settles $11 Million Dollar Lawsuit with Lender

​On May 15, 2023, the Pennsylvania Attorney General (PA AG) announced ​that it reached a $11.4 million settlement with a rent-to-own lender and its affiliates.

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May

22
2023
Trends

Corporate bankruptcies are on the rise — and the pain won’t end for a while

New York CNNFrom Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst.

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May

22
2023
Industry News

Members First Credit Union receives $1.5M grant from state of Michigan

MIDLAND, Mich.— Members First Credit Union has been awarded a $1.5 million Community Development Financial Institution (CDFI) grant. This grant will enable Members First to further its mission of supporting underserved communities and driving economic opportunity for its members.

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May

22
2023
Industry News

From the Web: Student Loan Forgiveness Update

The U.S. Supreme Court is set to rule soon on two cases that aim to halt the Biden administration’s plan to forgive up to $20,000 in federal student loans for borrowers, according to an article in The Hill.

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May

22
2023
Industry News

FTC Files Brief in Jones v. Google in Support of Appeals Court Ruling that COPPA Does Not Preempt Plaintiffs’ State Privacy Claims

The Federal Trade Commission filed a brief arguing that the Children’s Online Privacy Protection Act (COPPA) does not preempt state privacy laws that are consistent with COPPA. The brief was filed in support of a federal appeals court’s ruling in Jones v. Google, a case in which a group of children allege that Google collected data and surreptitiously tracked their online activity in violation of state laws.

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