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The Consumer Financial Protection Bureau is proposing a rule on overdraft fees that would benefit New Yorkers. The rule closes a loophole exempting overdraft fees from provisions in the Truth in Lending Act. Research shows New Yorkers paid almost $1.5 billion in overdraft fees during the early years of the pandemic. ...
Only two states don't allow class-action lawsuits in their courts. Virginia is one of them.
The Chesterfield Republican is proposing legislation that would cap interest on such advances at 12%.
RICHMOND — Virginia legal advocates are on the lookout for attempts to subvert the state's Fairness in Lending Act. The 2020 law establishes a fair regulatory…
Oregon lawmakers could add greater safeguards for consumers from debt collectors this session. The Family Financial Protection Act of Oregon includes a suite of provisions to shield consumers, including ensuring people can keep more of their wages from being garnished to pay back debts. State Sen. ...