The virtual debit card is fast becoming a reality for many consumers around the world who do not have access to online shopping sites that require payment by a credit card or who are simply afraid to use their credit card details while shopping online.
As I have mentioned on other occasions, my work as a forensic economist (and sometimes testifying expert witness) has frequently focused on how service providers were selected and then monitored.
Consistent with its continued focus on student lending, the CFPB issued a new request for information regarding student loan servicing.
CFPB Director Richard Cordray announced the commencement of a CFPB “public inquiry” into the hurdles that make repayment of student loans a “stressful process and even at times a harmful one.”
Recently the Illinois Supreme Court unanimously rejected legislative pension reform, ruling that the 2013 legislation violated pension protections written into the state’s Constitution.