Payments Compliance
CFPB June Report Reveals Improvements
Topics: Payments Compliance
The management of any type of consumer loan product can cause a complaint. The constantly evolving financial markets continue to develop new ways to provide a ready cash supply to…
CFPB Declares its Current Rulemaking Agenda
Topics: Payments Compliance
Pursuant to federal rules, the CFPB (Bureau) has posted its 2016 Rulemaking Agenda for America’s financial industries. The financial oversight agency routinely declares its intent to place controls on existing…
Report Seeks to Inform Online Payday Loan Rule Making
Topics: Payments Compliance
In response to the Great Recession, enhanced government oversight and reporting requirements have tightened restrictions on the lending practices of the traditional financial community. For borrowers who can no longer…
Federal Government to Streamline Student Loan Repayment Processes
Topics: Payments Compliance
Student loans are big business. At the end of 2015, there were more than 41 million people paying off more than $1.2 trillion dollars worth of loans taken to pay…