(AP Photo/Carolyn Kaster) US investment-grade debt issuance is on pace to post its second-straight monthly record, Bank of America said in a Monday note. New offerings totaled $22 billion on Monday, bringing the April sum to $229.7 billion and “within … Continue reading →
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Two Democratic senators are urging the national credit reporting agencies to help safeguard the creditworthiness of Americans hurt by the coronavirus pandemic, according to a letter obtained by Yahoo Finance. Senators Elizabeth Warren (D-MA) and Brian Schatz (D-HI) sent a … Continue reading →
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Thursday, April 23, 2020 With over 22 million Americans currently out of work, the COVID-19 pandemic has proven to be both a global health crisis and a period of economic instability. Over the past few weeks, a number of new … Continue reading →
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SACRAMENTO, Calif. (KTXL) — Governor Gavin Newsom signed an executive order Thursday keeping debt collectors from garnishing any stimulus check money in California. “It’s also retroactive. So, if you’re a debt collector and you did garnish those contributions, those checks, … Continue reading →
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Photo: Getty With the massive amount of layoffs occurring during the present pandemic — the Federal Reserve estimates unemployment could reach 32% nationwide — debt collectors are going to need to make hard choices over the next few months. Our … Continue reading →
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A project that will lead to the construction of a Navy Federal Credit Union office at the Satterfield Marketplace on Ga. Highway 85 North in Fayetteville was approved April 28 by the Fayetteville Planning and Zoning Commission. The 3,433 … Continue reading →
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Share us on: By Chris Villani Law360 (April 21, 2020, 1:46 PM EDT) — A credit industry trade group has filed suit against Massachusetts Attorney General Maura Healey challenging her emergency regulation banning most types of debt collection during the … Continue reading →
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Bobby Peterson, executive director of ABC for Health, a nonprofit public-interest law firm in Madison, says hospitals should do more to help indebted patients navigate their payment options. “Hospitals are supposed to go through their financial assistance procedures to make … Continue reading →
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Many student loan borrowers are struggling with their debt during the Coronavirus crisis. Getty As the Coronavirus pandemic and the associated economic fallout continues to impact millions of Americans, elected officials are scrambling to protect people from financial harm. Congress … Continue reading →
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Gov. Tony Evers, on Monday, ordered the Wisconsin Department of Financial Institutions (DFI) to issue emergency guidance to prohibit debt collectors from using certain practices while doing business in Wisconsin. DFI oversees the Wisconsin Consumer Act, a law that governs consumer credit … Continue reading →
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