Chester County News and Community Website
WASHINGTON, D.C. — Federal regulators on Friday withdrew a joint policy statement that had warned lenders about considering immigration status in credit decisions, marking a notable shift in federal fair-lending …
Feds Pull Back on Credit Guidance, Recasting Immigration Status Rules Read More
With the new year around the corner, many people are setting goals for 2026. After months of rising prices on everything from milk to mortgages, money-related resolutions are prominent. One …
Join the Trend With These New Year Resolutions Read More
WILMINGTON, DE — Cross-border private credit is on track for rapid global expansion, but growing operational complexity is threatening to slow momentum as investors become more selective and risk-aware.
Private Credit Booms Globally, but Complexity Is Making Investors Hit Pause Read More
Some financial decisions can be challenging — like whether to use your money to reduce your debt or to invest. If you already have a significant amount of debt and …
Should You Pay Off Debts or Invest? Read More
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) has instituted significant reforms to its Community Advantage Small Business Lending Company (SBLC) program following issues of elevated loan defaults and …
Taxpayer Dollars at Risk: SBA Cracks Down on Troubled Loan Program! Read More
WAYNE, PA — Ecovyst Inc. (NYSE: ECVT) has announced a strategic amendment to its existing asset-based lending (ABL) credit agreement through its subsidiary, Ecovyst Catalyst Technologies LLC. The amended facility, valued …
Ecovyst Extends Credit Facility to Improve Financial Flexibility Read More
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced on Friday, March 28, that it will be deprioritizing enforcement and supervision actions related to penalties under the Payment Withdrawal …
CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations Read More
WASHINGTON, D.C. — Online cash advance company Cleo AI has agreed to pay $17 million to settle allegations brought by the Federal Trade Commission (FTC) that it misled consumers about …
FTC Orders Cleo AI to Pay $17M for Misleading Cash Advance Claims Read More
WAYNE, PA — Radian Group Inc. has announced a $1 million line of credit to the Philadelphia Accelerator Fund (PAF), a nonprofit organization focused on advancing affordable housing development throughout Philadelphia. …
Radian Group Supports Affordable Housing with $1 Million Credit Line Read More
WASHINGTON, D.C. — Amid the final stretch of the Biden-Harris Administration, the Consumer Financial Protection Bureau (CFPB) has delivered a monumental victory for millions of Americans burdened by medical debt. …
Say Goodbye to Medical Debt Wrecking Your Credit—CFPB’s Bold New Rule Could Transform Your Financial Future! Read More