Stacy Cowley
Posts
C.F.P.B. to Create ‘Corporate Offender’ Registry
Most companies will be required to report government and court orders penalizing them for consumer protection violations.
There’s a Program to Cancel Private Student Debt. Most Don’t Know About It.
A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.
Navient Will Cancel Private Student Loans. Most Don’t Know About It.
A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.
Education Department Extends Deadline to Consolidate Loans for Forgiveness
Borrowers with commercially held loans will now have until June 30 to take steps to make their loans eligible for elimination.
Trade Groups Sue to Block Credit Card Late Fee Limit
Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.
New Federal Rule Caps Most Credit Card Late Fees at $8
The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.”
Edward E. Crutchfield, 82, Banker Whose Deals Reshaped the Industry, Dies
He built a small Southern bank into a regional powerhouse, helping to turn Charlotte, N.C., into a national financial hub.
Consumer Bureau Proposes Overdraft Fee Limits for Large Banks
The options would include charging a benchmark fee, set by the bureau, that would be significantly lower than the current $35 standard.
Student Loan Payment Restart Troubled by Long Hold Times and Wrong Billing Statements
The Education Department reduced payments to its loan servicers as the consumer bureau spotlighted mistakes.
As Student Loan Collections Restart, Millions Are Not Yet Paying
After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.