Should You Pay Off Debts or Invest?
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 …
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Taxpayer Dollars at Risk: SBA Cracks Down on Troubled Loan Program!
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
Ecovyst Extends Credit Facility to Improve Financial Flexibility
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 …
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CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations
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 …
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FTC Orders Cleo AI to Pay $17M for Misleading Cash Advance Claims
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 …
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Radian Group Supports Affordable Housing with $1 Million Credit Line
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. …
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Say Goodbye to Medical Debt Wrecking Your Credit—CFPB’s Bold New Rule Could Transform Your Financial Future!
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
Pennsylvania Attorney General Wins Justice for 1,300 Borrowers—Massive Restitution Issued After Loan Scam!
HARRISBURG, PA — Attorney General Michelle Henry this week announced the distribution of $158,924 in restitution payments to 1,309 Pennsylvania residents following a settlement with California-based online lending platform, SoLo …
Pennsylvania Attorney General Wins Justice for 1,300 Borrowers—Massive Restitution Issued After Loan Scam! Read More
CFPB Report Exposes Widespread Issues in Debt Collection Practices
WASHINGTON, D.C. – In its latest annual report, the Consumer Financial Protection Bureau (CFPB) has unveiled persistent and troubling practices in the collection of medical and rental debts, highlighting the …
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Pennsylvania Attorney General Settles with SoLo Funds Over Deceptive Loan Practices
HARRISBURG, PA — Attorney General Michelle Henry announced a settlement this week with SoLo Funds, Inc., a California-based lending platform accused of deceptive practices that misled borrowers into paying inflated …
Pennsylvania Attorney General Settles with SoLo Funds Over Deceptive Loan Practices Read More