By Michael E. Kanell and Greg Bluestein – Atlanta Journal-Constitution Atlanta-based Equifax on Monday announced it has reached a $700 million-plus settlement with the government that, pending court approval, will mean an end to legal...
More infoBy J. Scott Trubey – The Atlanta Journal-Constitution SunTrust Banks plans to double its annual community investment in metro Atlanta over the next three years, part of the company’s promise to remain a powerful local civic figure as it merges with...
More infoComments are due May 15, 2019 to urge the Consumer Financial Protection Bureau (CFPB) not to repeal the heart of the payday and car title loan rule. Georgia voters across the state overwhelmingly support reform of the predatory lending industry...
More infoWell, that’s easy, Renee McKoy thought, seeing the offer. The Gwinnett County woman knew she could buy shoes and groceries online. So why not also try to shop for a loan? She clicked an email link, squiggled a digital signature and watched $800 pop into...
More infoAtlanta, GA (CBS46) – A new federal rule aimed at protecting borrowers from predatory lenders is set to take effect this August. The rule includes a key provision for borrowers to show they could repay their loan. But the Consumer Financial...
More infoLast week, the Consumer Financial Protection Bureau (CFPB) moved to gut the agency’s own consumer protections against predatory payday and car-title lenders, leaving people exposed to the harms of these predatory products. Georgia thankfully already has...
More infoBank mergers often shake customers out of their inertia in search of a better deal, something Atlanta’s SunTrust and Winston-Salem’s BB&T have to consider after their mega-combination. Mergers that create bigger banks tend to lead to some shifts...
More infoWatch now. By WGCL Digital Team - WGCL-TV If you're starting the year weighed down by debt, you may be paying more attention to the ads from debt relief or credit repair companies. They promise to rescue you from financial distress, but is that really...
More infoWatch now. By Harry Samler - WGCL-TV Federal employees who missed their paychecks today may be looking for ways to tide themselves over until the shutdown ends. Better Call Harry explains some options you should look into and ones to avoid if you can't pay...
More infoBy Kate Berry - American Banker The Consumer Financial Protection Bureau on Thursday got an earful on the use of artificial intelligence from members of three advisory boards who said traditional financial institutions are at a competitive disadvantage...
More infoPhoto courtesy of The AJC. By Tamar Hallerman and J. Scott Trubey - The Atlanta Journal-Constitution WASHINGTON —The cyber breach of the credit reporting agency Equifax that exposed the sensitive personal data of 148 million Americans last year was...
More infoNCLC 50-State Review of Consumer Protection Laws for a $10,000 Five-Year Installment Loan Download the full report, including a map, charts, and tables, complete list of recommendations, and a summary of the laws in Georgia that apply to a $10,000...
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