Saturday, December 27, 2014

CFPB Issues Latest Semi-Annual Report to Congress

CFPB Issues Latest Semi-Annual Report to Congress

“As we continue to emerge from the continuing effects of the devastating financial crisis of 2008, we find that debt collection is central and cut across virtually all credit products: credit cards, mortgages, student loans, payday loans, and other …

Read more on ACA International



Why Congress is broken: tax extenders edition

Once again, Congress will be renewing the tax "extenders." As always, a last minute deal is miraculously appearing. The special interests that benefit from an array of breaks can, once again, breathe a sigh of relief. As they do every two years about …

Read more on Vox



Comment Period is Closing for U.S. Department of Defense's Proposed Military

DOD proposes extending the protections of the MLA to a broader range of closed-end and open-end credit products than are currently covered (i.e., refund anticipation loans, payday loans and vehicle title loans), including most consumer installment …

Read more on JD Supra (press release)



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