Fresh Today

Fresh Today

WASHINGTON—Debt collection continues to top consumer complaints submitted to the CFPB, as it was the most-complained-about financial product or service in the Bureau’s November complaint snapshot.

WASHINGTON—U.S. noncash payments totaled more than 144 billion with a value of almost $178 trillion in 2015, up almost 21 billion payments or about $17 trillion since 2012, according to the 2016 Federal Reserve Payments Study.

WASHINGTON—The inclusion of NCUA’s new member business lending rules on a congressman’s plans for rules to be “revoked” was “inadvertent,” according to CUNA and the Carolinas Credit Union League.

WASHINGTON—Republicans in Congress are searching for any transgressions that might have been committed by CFPB Director Richard Cordray in order to give grounds to President-elect Trump to fire him.