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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

Financial literacy is an essential life skill that benefits people throughout their lives, but is often overlooked when it comes to what happens if a payment is late or missed. Overall, lower levels of financial literacy end up contributing to increased rates of bankruptcy, defaults, and foreclosures.

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Explained: The Adrenaline-Driven Rise to GameStop Stock

Credit Corp

A few weeks ago, the company ( stock trading as ticker: GME) traded around lows of ~$19. Before its euphoric rise, GameStop was on a slow demise to bankruptcy, as it faced significant challenges to its business model from the internet. Similar to BlockBuster, people stopped buying video games in-person at retail stores.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

billion to Gemini Earn Program (Earn) customers through the Genesis Global Capital, LLC (GCG) bankruptcy proceeding. Additionally, Gemini has pledged to contribute $40 million to the GCG bankruptcy proceedings for the benefit of Earn customers. For more information, click here.

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Why Buffalo is a hub for illegal debt collectors

Collection Industry News

Here are snapshots of some cases against debt collectors that the State Attorney General’s Office, Federal Trade Commission and other law enforcement agencies have pursued in the past decade. Authorities say thousands of people from all over America are scammed each year by collectors working in Erie or Niagara counties.