Your credit card company is looking for new ways to screw you over

Tech Insider : Economy
A hand holding a credit card with a knife as its shadow
Cred card issuers are very good at getting money out of people. There are all sorts of levers they will use to make up for reduced late fees.

iStock; Rebecca Zisser/BI

U.S. Bank has been fined nearly $36 million for freezing some customers' access to unemployment benefits during the pandemic

Tech Insider
The logo of US Bank is seen atop the US Bank Tower in downtown Los Angeles

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‘I’ve had this black cloud looming over me’: How private lenders have left millions of college students with no hope for the future

Tech Insider : Economy, Politics
A small piggy bank is surrounded by a hurricane of student loan papers, unable to escape.
Despite the political fight over student-loan forgiveness, people with private student debt are stuck with predatory loan terms they can't escape.

Chelsea Jia Feng/Insider

Some student-loan companies are offering borrowers cheaper payments before the October restart. Making the switch could strip away a range of debt relief programs.

Tech Insider : Economy, Politics
Shadows of college graduates

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A federal watchdog is suing a tech boot camp, accusing it of loading students up with 'predatory' debt and telling them it could collect 'more than the consumer legally owed'

Tech Insider : Economy, Politics
Rohit Chopra
Rohit Chopra, the director of the Consumer Financial Protection Bureau, at Senate committee hearing in June.

Michael A. McCoy/Getty Images

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.

Robyn Beck/AFP via Getty Images

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.

Bill Clark/CQ-Roll Call, Inc via Getty Images

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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