Account Recovery

SEPTEMBER 5, 2024

.” About SpringFour:Founded in 2005, SpringFour is the first-of-its-kind, leading financial health fintech that empowers banks, credit unions, fintech lenders, employers, loan servicers, mortgage insurers, nonprofits, and organizations across all industries to connect consumers with vetted, local nonprofit and government financial health resources. (..)

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Acquisition Credit Unions Credit Unions Construction 130

Credit Corp

AUGUST 4, 2020

Grants, scholarships and government programs can all be used to aid your pursuit of higher education. The biggest source of these loans is the federal government. While the government offers several loan types, often based on financial need, private lenders such as banks and credit unions also make student loans available.

Loans 96

Loans Student loans Student Loans Government 96

Troutman Sanders

JANUARY 5, 2023

On January 4, Colorado Attorney General Phil Weiser announced that his office had reached settlements with Bellco and Canvas credit unions which will provide $4 million in refunds of unearned guaranteed automobile protection (GAP) premiums to consumers that the credit unions failed to provide previously. Chris Carlson.

Credit Unions 52

Credit Unions Credit Unions Repossession Financial services 52

Better Credit Blog

DECEMBER 6, 2021

The first issue, which we explored here , is getting your credit score to a place where you can qualify for an affordable mortgage payment, and from there the second biggest issue often is having enough money on hand for a down-payment, which can be tricky for some people, even when they have steady employment.

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Lender Loans Government Credit Unions 63

Collection Industry News

MAY 18, 2021

While consumer groups praised the bill for its recourse for consumers harassed by debt collectors, CUNA and NAFCU saw the bill as complicating the legal relationship between consumers, members and lenders. In the letter, Nussle stated, “Lenders rely on complete and accurate credit reports when underwriting loans.

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Better Credit Blog

MAY 11, 2022

But finding a good lender can feel intimidating when you don’t know what to look for. To make things easier, we assessed multiple companies and compared interest rates, minimum credit score required, repayment flexibility, and Better Business Bureau scores to find the top options. Avoid too many hard credit checks. Ads by Money.

Student loans 71

Student loans Student Loans Loans Lender 71

Troutman Sanders

MARCH 22, 2023

An Illinois federal district court recently denied a creditor-defendant’s motion for summary judgment in a Fair Credit Reporting Act (FCRA) case brought by a consumer who questioned why his debt was being reported twice — as both a tradeline with the original creditor and as a tradeline with a third-party collection agency.

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Better Credit Blog

JUNE 1, 2022

Lender: Federal loans, as their name suggests, are issued by the U.S. government, whereas private loans are offered by banks, credit unions, and other financial institutions, some of which focus solely on providing student loans. The lender will pay off all your student loans, replacing them with a single loan.

Student loans 71

Student loans Student Loans Loans Lender 71

The Kaplan Group

MAY 3, 2022

Depending on the loan type, you may need to meet some financial qualifications, including: Have a healthy credit score Demonstrate a solid business history (For new businesses) share a detailed business plan Potentially offer up collateral. They may even know about some local lenders that are happy to do business with veterans.

Loans 52

Loans Lender Credit Unions Credit Unions 52

Troutman Sanders

JANUARY 6, 2023

The CFPB releases regulatory agendas twice a year in voluntary conjunction with a broader initiative led by the Office of Budget and Management to publish a Unified Agenda of Regulatory and Deregulatory actions across the federal government.

Financial Institution 52

Financial Institution Lender Credit Unions Credit Unions 52

Collection Industry News

OCTOBER 2, 2023

If the high court sides with the CFSA, a trade group representing payday lenders, its ruling could have broad and significant impacts for consumers, according to legal experts and consumer advocates. In the current case, the CFSA trade group sued the CFPB in 2018, seeking to invalidate a 2017 rule that cracked down on payday lenders.

Government 40

Government Credit Unions Credit Unions Trade 40

Credit Corp

MARCH 25, 2024

Conventional Mortgage A conventional loan is a mortgage option that’s offered by a private lender instead of the government. Mortgage companies, credit unions, and banks offer conventional loans, though they might require a down payment between 20% and 25% of a property’s sales price.

Loans 52

Loans Lender Credit Unions Credit Unions 52

Collection Industry News

MARCH 15, 2021

The DFPI has launched an investigation of lender efforts to evade the state’s new, stricter interest rate caps at a time when consumers need credit more than ever.

Foreclosure 40

Foreclosure Student loans Student Loans Lender 40

Better Credit Blog

AUGUST 31, 2020

They are notoriously difficult to work with, and their presence on your credit report can mean trouble for your score in the long run. Collections accounts stay on your credit report for as long as seven years, which means that any lender or creditor can make decisions based on the fact that you have had debt in collections.

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Credit Corp

APRIL 25, 2021

Other locations to consider include college towns, young professional areas, neighborhoods near hospitals, military bases, or government jobs. Those interested in multi-unit homes could apply to become a section 8 landlord–this would offer monthly income guaranteed by the government. Seek out a Safe Neighborhood.

Lender 53

Lender Credit Unions Credit Unions Government 53

Debt RR

AUGUST 3, 2020

When a creditor or a government authority sues a business or individual for an unpaid debt, one of the options for settling is for the court to give the creditor the right to pull the funds from a bank account. This debt can include anything from credit cards to past due balances on office space.

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Collection Industry News

JULY 27, 2021

Such accounts would be available at Federal Reserve System member banks, other participating banks and credit unions, and bank offices of the U.S. government should avoid “heavy-handed” regulation or the development of state-owned financial services entities that may “smother or crowd out” private banking innovation.

Financial services 40

Financial services Banks Credit Unions Credit Unions 40

Troutman Sanders

JUNE 14, 2023

On June 8, the board of governors for the Federal Reserve (the Fed), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and the OCC requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.

Financial services 52

Financial services Financial Institution Trade Student loans 52

Troutman Sanders

OCTOBER 26, 2020

Federal Activities: On October 23, the Financial Action Task Force concluded its 32nd plenary meeting and continued to focus on the impact of the COVID-19 pandemic on detecting and countering fraud, including attempts to defraud government-backed stimulus programs. For more information, click here. For more information, click here.

Financial services 52

Financial services Foreclosure Financial Institution Banks 52

Troutman Sanders

FEBRUARY 26, 2024

On February 23, the Consumer Financial Protection Bureau (CFPB) published an order establishing supervisory authority over installment lender World Acceptance. For more information, click here. The procedures require the CFPB to issue a notice to an entity not currently subject to a supervisory examination. For more information, click here.

Financial services 52

Financial services Financial Institution Trade Banks 52

Troutman Sanders

JANUARY 23, 2024

The act requires a buy-now-pay-later lender to first obtain a license by submitting an application “in writing, under oath, and in the form,” and containing information that may be required by the NYDFS superintendent. The bill includes legislation titled the Buy Now Pay Later Act (the act) that will amend the current banking law.

Financial services 52

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Credit Corp

JANUARY 8, 2025

Personal loans are a flexible type of financing that allows you to borrow money from banks and lenders and use that money however you see fit. For references, thats lower than most credit cards and other higher-interest forms of financing. Be sure to also consider any origination fees the lender may charge for processing your loan.

Personal loans 52

Personal loans Loans Lender Credit Unions 52

Troutman Sanders

AUGUST 24, 2020

Department of the Treasury published a fact sheet on Treasury’s role as lender to the U.S. Privacy and Cybersecurity Activities: On August 20, 2020, the Cybersecurity and Infrastructure Security Agency (CISA) released a joint statement with other security agencies regarding the Election Infrastructure Government Coordinating Council.

Financial services 52

Financial services Student loans Student Loans Education 52

Collection Industry News

MAY 4, 2025

The CFPB on April 30, 2025, reached an agreement with lender trade groups to vacate the Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information Rule (the Medical Debt Rule). The joint motion for entry of consent judgment was filed in the U.S.

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