Credit card companies need to explain the 'exorbitant' late fees they're charging customers, says Elizabeth Warren

Tech Insider : Economy, Politics
Massachusetts Sen. Elizabeth Warren
U.S. Sen. Elizabeth Warren (D-MA) questions Jerome Powell, Chairman, Board of Governors of the Federal Reserve System as he testifies before the Senate Banking, Housing, and Urban Affairs Committee on June 22, 2022 in Washington, DC. Powell testified on the Semiannual Monetary Policy Report to Congress during the hearing.

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2,600 student-loan borrowers are getting $11 million in payments after a federal consumer watchdog accused a debt relief company of illegally charging fees — and encouraging customers to 'stop paying their student loans altogether'

Tech Insider : Economy, Politics
College graduation photo

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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

Tech Insider : Economy, Politics
College graduates
College graduates.

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The fate of a post-2008 watchdog meant to protect Americans from another financial crisis is in the hands of a conservative Supreme Court

Tech Insider : Economy, Politics
Consumer Finanial Protection Bureau
The Consumer Financial Protection Bureau headquarters in Washington, DC.

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Americans could save $9 billion a year through Biden's new proposal that would slash credit card late fees

Tech Insider : Economy, Politics
Swiping a credit card

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