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Credit

U.S. Small Business Administration
National

Taxpayer Dollars at Risk: SBA Cracks Down on Troubled Loan Program!

May 25, 2025May 25, 2025 - by Maryann Pugh

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
Finance

Ecovyst Extends Credit Facility to Improve Financial Flexibility

April 13, 2025April 12, 2025 - by Timothy Alexander

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
Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations

March 30, 2025March 29, 2025 - by Maryann Pugh

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

Federal Trade Commission
National

FTC Orders Cleo AI to Pay $17M for Misleading Cash Advance Claims

March 30, 2025March 29, 2025 - by Maryann Pugh

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
Radian
Business

Radian Group Supports Affordable Housing with $1 Million Credit Line

March 24, 2025March 23, 2025 - by Timothy Alexander

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

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