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November

29
2022
Industry News

NY Gov. Signs Legislation Prohibiting Property Liens Over Medical Debt

November 29, 2022 - New York Governor Kathy Hochul has signed legislation aiming to protect patients with medical debt from facing wage garnishment or liens on their property.

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November

29
2022
Trends

Cyber Monday deals lure in consumers amid high inflation

NEW YORK (AP) — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation.

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November

28
2022
Industry News

CFPB Seeks Supreme Court Appeal of Funding Ruling

On November 14, the Consumer Financial Protection Bureau (“CFPB”) filed a Petition for a Writ of Certiorari with the Supreme Court for Community Financial Protection Bureau et al. v. Community Financial Services Association of America, Ltd. et al.

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November

28
2022
Trends

Good news: Personal loan interest rates edge down for 5-year fixed-rate loans

Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3-year fixed-rate loans and lower for 5-year loans compared to the previous seven days.

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November

28
2022
Industry News

Lawmakers question SoFi CEO, regulators over crypto activity

The Fed gave SoFi two years from its acquisition of a California bank to divest from a digital-assets business, the lawmakers wrote. But months later, SoFi touted an “expansion” of crypto service.

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