You Searched For "rohit chopra" and got 20 results
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2 mins read
Student-loan borrowers should be on the lookout for misleading repayment practices that could make them pay 'more than they should,' a federal watchdog says
The CFPB is encouraging student-loan borrowers to submit complaints if they could be victims of com…
Ayelet Sheffey
3 mins read
The student-loan industry could face a crackdown as yet another Elizabeth Warren ally takes a top oversight job for Biden
The Senate confirmed Rohit Chopra, who used to be a student-loan watchdog, to lead the Consumer Fin…
Ayelet Sheffey
2 mins read
Goldman Sachs says the US has an extra 8 days before it runs out of money to pay its bills. That could buy it more time to negotiate the debt ceiling.
Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the fed…
Huileng Tan
2 mins read
A US debt default could spike borrowing costs like credit cards and mortgages, and 'every family should be concerned' says a consumer watchdog
Democrats and Republicans remain locked in an impasse about raising the US' $31.4 trillion debt cei…
Huileng Tan
3 mins read
Credit card companies need to explain the 'exorbitant' late fees they're charging customers, says Elizabeth Warren
The bank lobby opposes regulations that could save Americans $9 billion a year in late fees. Warren…
Ethan Dodd
5 mins read
The Humble Great: Neeraj Chopra's rise from a chubby village kid to Indian sporting pantheon
A star was born overnight in a country that had for long craved for the ultimate success in spo…
PTI
3 mins read
Some student-loan companies are 'ignoring' court orders and continuing to collect borrowers' debt after they received relief through bankruptcy, a federal consumer watchdog finds
Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankr…
Ayelet Sheffey
2 mins read
Americans could save $9 billion a year through Biden's new proposal that would slash credit card late fees
Following Biden's announcement last year to crack down on junk fees, the CFPB built on that with a …
Ayelet Sheffey
1 min read
Head of consumer protection watchdog signals stance on digital assets with warning on stablecoins
The CFPB's new chief, Rohit Chopra, issued the warning during his first appearance before Congress …
Carla Mozée
2 mins read
A student-loan company's 'abysmal servicing' for public servants requires a federal investigation, a Democratic lawmaker says
Sen. Menendez asked the CFPB to investigate MOHELA, a student-loan company that manages all account…
Ayelet Sheffey
3 mins read
Trump-appointed FDIC chair will resign after battle with Democratic bank regulators
The departure of Jelena McWilliams comes as CFPB head Rohit Chopra said that she sought to block at…
John L. Dorman
3 mins read
A watchdog found colleges are weaseling students into forking over more money to use certain banks for financial aid. Some are fasting, giving up textbooks, and lighting candles to save on bills.
Your college could be pushing you to work with partner banks that charge higher fees, a consumer wa…
Juliana Kaplan,Ayelet Sheffey
3 mins read
With 30 brands each, Kohli, Dhoni & Rohit Sharma rule Indian sports endorsements
Indian cricket players dominate the celebrity endorsement market, receiving 85% of the total endors…
3 mins read
Buy now, pay later offers could save you more money than a credit card. Here are 3 things you should know before using one, according to a government watchdog.
Offers from companies like Klarna and PayPal can save you more money than using your credit card, b…
Jason Lalljee
3 mins read
Biden's Education Department just wiped out $3.9 billion in student debt for remaining borrowers defrauded by ITT Tech following 'years of lies and false promises'
208,000 student-loan borrowers who attended ITT Tech got their debt balances canceled, along with s…
Ayelet Sheffey
2 mins read
Your credit score could go up — 3 major firms won't count most medical debt in credit reports anymore, WSJ says
Equifax, Experian, and TransUnion announced they will wipe out nearly 70% of medical debt from cred…
Ayelet Sheffey
3 mins read
Gen Z and millennials are skipping rent and mortgage bills to pay off medical debt
They're also avoiding getting necessary medical treatments because they're already buried in doctor…
Jason Lalljee
2 mins read
3 million Americans have more than $10,000 in medical debt, and they're skipping doctor's appointments because of it
The $195 billion medical debt bill harms Americans' health and their credit scores, a Kaiser Family…
Ayelet Sheffey
3 mins read
Why the government is raising an eyebrow at Gen Z's favorite new way to spend: 'Buy now, pay later'
"We've been flooding the market with all this credit and no one's been keeping track of what's been…
Ben Winck
3 mins read
Predatory banks rake in billions of dollars in overdraft fees from their poorest customers every year. The Consumer Financial Protection Bureau is trying to put a stop to it.
Over the years, banks have layered a number of financial complexities on top of their overdraft pol…