On March 5, the U.S. District Court for the Northern District of Illinois denied a fintech provider’s motion to dismiss a proposed class ...
On December 15, the Board of Governors of the Federal Reserve System and the CFPB issued joint final rules amending the official interpretations to their regulations implementing the Consumer Leasing ...
A U.S. Army staff sergeant filed a class action complaint in Cook County Circuit Court last week, alleging the fintech company Klover engaged in predatory lending practices in violation of the ...
Since the federal Truth in Lending Act doesn’t extend protections for small businesses seeking commercial loans, a handful of states, including New York, have stepped up to help small-business ...
The Securities and Exchange Commission (SEC) plans to lift its moratorium on the registration of new online lending platforms (OLPs) while imposing higher ...