A message from a debt collector may be the last thing you’re expecting – or wanting – to see when you log in to your social media accounts. A recent regulation change, however, made it legal for debt collectors to slide into your DMs.
Gone are the days when managing your finances meant hoarding stacks of receipts and juggling multiple bank accounts. Enter the fascinating world of fintechᅳfinancial technology that’s transforming the way we handle our hard-earned cash.
In March, the Consumer Financial Protection Bureau finalized a new rule that will require lenders to collect and report key data points about their small-business lending, including information about business loan pricing, loan denials, business owner demographics, and minority- and women-owned business enterprise status.
ELGIN, Ill. (NewsNation) — Big banks are putting the brakes on car dealerships, pulling back on lending, wreaking havoc across the auto industry and sending mom-and-pop shops into a tailspin. At the car dealership, it’s the bank that typically owns the cars. But now, financiers are pulling out, forcing dealerships to put up the cash, making it especially challenging for small shops.
The Federal Trade Commission is sending 41,934 checks, totaling more than $1.1 million, to consumers who were charged for deceptive “free trial” offers for tooth whiteners and other products by RevMountain, LLC; Anasazi Management Partners; and 59 related corporate defendants.
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