The lawsuit claims loanDepot used an illegal compensation plan that steered borrowers toward higher-priced loans West Capital Lending Inc. has filed a federal lawsuit accusing its cross-town rival, ...
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 ...
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 ...
The Consumer Financial Protection Bureau weighed in again as to whether earned wage access should be considered credit under the Truth in Lending Act in a new advisory opinion Monday, and formally ...
The Securities and Exchange Commission (SEC) plans to lift its moratorium on the registration of new online lending platforms ...