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March

30
2023
Strategy

How Much Does a Debt-Relief Program Cost?

Expert debt-relief programs specialize in reducing consumer debt for a fee. How much does a debt relief program cost? Up to 25% of the debt enrolled, depending on the firm, your state, and your debt.

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March

30
2023
Industry News

Acting Comptroller Emphasizes Focus on Safe and Sound Banking System, Discusses Elevating Fairness in Banking

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today emphasized the Office of the Comptroller of the Currency’s (OCC) continued focus on the safety, soundness and fairness of the federal banking system and its work to elevate fairness in banking in remarks at the National Community Reinvestment Coalition’s Just Economy Conference.

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March

30
2023
Industry News

FDIC faces $23 billion in costs from bank failures. It wants big banks to pay

The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation's biggest banks, according to people with knowledge of the matter.

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March

30
2023
Industry News

Utah Governor Cox Signs Bill to Repeal Collection Agency Registration Requirements

Effective May 3, 2023, Utah House Bill 20 (Collection Agency Amendments) will repeal a majority of Utah's collection agency statutes located in Title 12 of the Utah Code.

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March

30
2023
Industry News

FDIC Pressed to Exempt Smaller Banks From Paying for Rescues at SVB, Signature

(Bloomberg) -- The Federal Deposit Insurance Corp. is coming under pressure from lawmakers to exempt community banks from the special fee it’s preparing to charge US lenders to account for its rescue of uninsured depositors at two failed lenders.

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