Better Credit Blog

MAY 27, 2022

Home equity loans allow you to borrow funds against the existing equity on your property. Homeowners use these loans to fund home renovations, student loans, and high-value purchases or consolidate high-interest debt. If you’re considering a home equity loan, check out our pick of the best loan providers below.

Loans 56

Loans Lender Banks Credit Unions 56

Nexa Collect

DECEMBER 12, 2021

DeFi applications reconstruct traditional finance systems revolving around borrowing, lending, trading, and investing with digital assets. Besides this, there is a significant type of DeFi application that is being used in Decentralized exchanges, e-wallets, stablecoins, NFTs, flash loans, etc. billion as of December 12, 2021.

Collateral 130

Collateral Banks Financial services Financial Institution 130

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 20, 2023

Quick answer box There were over 389,000 reports of credit card fraud to the Federal Trade Commission (FTC) in 2021. Sources: Federal Trade Commission and Nilson In 2021, the Federal Trade Commission (FTC) reported that there were 5.7 Loan or lease fraud 197,914 -3.4% However, this does not influence our evaluations.

Trade 98

Trade Government Banks Loans 98

Troutman Sanders

AUGUST 14, 2023

In its appeal, the SEC stated that it intended to seek certification of the court’s holding that certain “programmatic sales” over crypto-asset trading platforms in exchange for labor and services did not involve the offer or sale of securities. For more information, click here. For more information, click here.

Financial services 52

Financial services Foreclosure Banks Loans 52

Troutman Sanders

OCTOBER 16, 2023

On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. For more information, click here. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.

Financial services 52

Financial services Student loans Student Loans Credit Unions 52

Troutman Sanders

JANUARY 25, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The president is expected to nominate Rohit Chopra, currently a commissioner of the Federal Trade Commission, to serve as the next CFPB director.

Financial services 52

Financial services Debt collector Foreclosure Banks 52