LOS ANGELES, May 22, 2024 /PRNewswire/ -- On Friday, May 17th, the CFPB announced its first action after its Supreme Court ruling, targeting the nation's largest consumer-facing black-led and owned fintech, SoLo Funds. SoLo Funds has been wrongly accused of misconduct regarding its voluntary tipping fee structure and peer-to-peer community finance model, despite tips going 100% to community members, being self-selected, and being significantly more affordable in terms of cost to Americans.
Denver, Colorado – May 24, 2024 – This month, Westerra Credit Union celebrates its 90th anniversary as a member-owned, not-for-profit financial institution that was founded by eight teachers with a mission to support their fellow educators. As part of this milestone, Westerra will be reflecting on its rich history through various celebrations throughout the year, including the recent partnership with the Colorado Rockies for Teacher Appreciation Week to recognize the contributions of educators in the Denver metro area.
The Biden-Harris Administration announced today the approval of $7.7 billion in additional student loan debt relief for 160,500 borrowers. These discharges are for three categories of borrowers: those receiving Public Service Loan Forgiveness (PSLF); those who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and who are eligible for its shortened time-to-forgiveness benefit; and those receiving forgiveness on income-driven repayment (IDR) as a result of fixes made by the Administration.
BOSTON — Attorney General Andrea Joy Campbell has reached an assurance of discontinuance (AOD) with EasyPay, which made predatory loans to Massachusetts consumers by laundering loans through a bank not subject to Massachusetts’ protections.
Say you’re scrolling through your social media feed and you see a post saying, “I’m the winner of $600 million from the Powerball lottery. I’m giving away $50,000 to the first one thousand people to message me.” Would you answer? If you do, you could become the target of a scam.
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