Colorado Governor Jared Polis signed into law a bipartisan bill repealing the state’s prohibition on credit card surcharges. Under the new law, Colorado businesses may impose a credit card processing surcharge of up to either 2% of the transaction amount … Continue reading →

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A new bill in the Ohio Senate would allow for debt settlement companies to operate in Ohio. The sponsor says it’s about consumer choice, but opponents says that choice isn’t a good one. Debt settlement is a billion-dollar industry in … Continue reading →

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  Are you banking on having a portion of your student loans canceled? Read this first.  (iStock) The majority of college graduates took out federal student loans to finance their education, borrowing more than $30,000 on average, according to the … Continue reading →

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Credit is a fantastic tool that allows economic mobility and leverage. But for lower-income Americans, growing their credit and maintaining solid scores can be difficult. Now, Experian has partnered with a game-changing nonprofit to create a way for all Americans … Continue reading →

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Moorari Shah is a partner in the Finance and Bankruptcy Practice Group in the firm’s Los Angeles and San Francisco offices. Areas of Practice Moorari combines deep in-house and law firm experience to deliver practical, business-minded legal advice. He represents … Continue reading →

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Subscribe to The Financial Brand via email for FREE! The way banking and financial services are delivered have changed massively with the rise of digital technology. But the industry is still looking to crack the code, so to speak, on … Continue reading →

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Offices of Navient in Wilmington, Delaware, June 9, 2021. REUTERS/Andrew Kelly   Summary Law firms Related documents   Motion to dismiss proposed class action denied Borrowers allege student loan servicer misapplied payments to prolong debt The company and law firm … Continue reading →

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D.C. Council Chairman Phil Mendelson and Attorney General Karl Racine are putting forward legislation to protect District consumers against “unfair and abusive debt collection practices.” Mendelson introduced the bill Monday, which was written in collaboration with the Office of the … Continue reading →

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