debts

CFPB Urges Greater Accountability for Student Loan Servicers
CFPB Urges Greater Accountability for Student Loan Servicers
November 15, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is urging legislators and other policymakers to make reforms that it said would improve student loan servicing. The regulator wants...

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Two-Thirds of Paycheck-to-Paycheck Consumers Cite Family Financial Support as Key Pressure Point
Two-Thirds of Paycheck-to-Paycheck Consumers Cite Family Financial Support as Key Pressure Point
October 27, 2023  |  Personal Finance

Despite the decrease in inflation rates, living paycheck to paycheck remains a widespread financial reality for many consumers in the United States, encompassing over 60% of...

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FTX Considers Sale as Top 50 Creditors Seek $3.1B
FTX Considers Sale as Top 50 Creditors Seek $3.1B
November 20, 2022  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX owes its top 50 creditors close to $3.1 billion and is reportedly considering either a sale or reorganization. Meanwhile, FTX’s new...

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Nike, Other Major Brands Report Millions In Bad Debt As Retailers Struggle To Pay Suppliers
Nike, Other Major Brands Report Millions In Bad Debt As Retailers Struggle To Pay Suppliers
July 15, 2020  |  Retail

The impact of COVID-19 on retailers is obvious as companies report plummeting sales, but the pandemic has also delivered a blow to the middlemen, which...

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Italy Considers Mini-BOTs To Pay Gov’t Vendors, Igniting Debate
Italy Considers Mini-BOTs To Pay Gov’t Vendors, Igniting Debate
June 11, 2019  |  B2B Payments

Amid rising scrutiny over government debt and longer payments to contractors, Italy has churned up debate with its consideration of so-called mini-bills to pay state...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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