Chester County News and Community Website
WASHINGTON, D.C. — The U.S. Department of Education announced last week it will resume charging interest on federal student loans enrolled in the Saving on a Valuable Education (SAVE) Plan …
Education Department to Resume Interest on Loans in SAVE Plan Following Court Ruling Read More
HARRISBURG, PA — Pennsylvania Attorney General Dave Sunday has announced a settlement with Kansas-based debt collection company TrueAccord Corp., resolving allegations of illegal tribal lending practices that violated state consumer protection …
Pennsylvania AG Settles with Debt Collector Over Illegal Tribal Lending Practices Read More
IRVINE, CA — The latest U.S. Residential Property Mortgage Origination Report from ATTOM revealed a 14 percent drop in mortgage activity during the first quarter of 2025. A total of …
Mortgage Market Shifts Dramatically as Home Loans Plunge 14% in Early 2025 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
EXTON, PA — Citadel Credit Union has achieved authorization as an official Small Business Administration (SBA) lender, marking a pivotal milestone in its efforts to support Philadelphia’s small business community. …
Citadel Credit Union Becomes SBA Lender, Boosting Support for Philadelphia’s Small Businesses Read More
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) has announced significant policy changes to the 7(a) loan program, reversing directives implemented under the Biden Administration. These measures seek to …
SBA Reinstates Safeguards to Protect 7(a) Loan Program and Taxpayers Read More
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) has reported a remarkable 74% increase in the number of SBA 7(a) loans approved for small manufacturers during the first 90 …
SBA Reports Significant Growth in Manufacturing Loans Under Trump Administration Read More
Achieving financial stability doesn’t happen overnight — it takes a journey. And, as with every journey, you’ll need to make some stops along the way. These stops, or milestones, can …
Three Stops on the Road to Financial Stability 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