It’s a busy week for accounts receivable management (ARM) industry issues on Capitol Hill. First, the House Financial Services Committee will hold a markup on proposed reform measures for the Consumer Financial Protection Bureau on Wednesday, April 26, among other legislation.
EXTON, Pa., April 25, 2023 /PRNewswire/ -- In 2022, Citadel's assets increased from $4.6 billion to $5.6 billion—a record-breaking 20.1 percent increase. During the year, Citadel continued to have strong deposit growth at 15.7 percent over 2021.
Credit Union Leasing of America (CULA) has been selected by Dort Financial Credit Union to launch its indirect vehicle leasing program, further extending CULA’s reach into Michigan, which is historically one of the highest vehicle-leasing states.
CFPB Director Rohit Chopra recently warned that companies that repeatedly violate consumer protection and privacy laws may face additional non-monetary penalties, such as penalties that identify executives and require “meaningful” changes to business practices.
Student loan servicers are in a tough bind, dealing with reduced staff as they prepare for the unprecedented situation of 44 million borrowers returning to payments later this summer.
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