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Jul 14, 2014

DealBook: Companies That Offer Help With Student Loans Often Predatory, Officials Say

The debt settlement industry, already accused of questionable tactics related to mortgages, is finding a gold mine of new clients among those with college loans... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 11, 2014

Payday lender will pay $10 million to settle consumer bureau's claims

Consumer advocates have long warned that payday lenders purposely try to lure borrowers into an expensive and debilitating cycle of debt. Now, the nation's consumer financial watchdog says it has proof... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 11, 2014

Payday lender will pay $10 million to settle consumer bureau's claims

Consumer advocates have long warned that payday lenders purposely try to lure borrowers into an expensive and debilitating cycle of debt. Now, the nation's consumer financial watchdog says it has proof... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 11, 2014

Troubled Portuguese bank insists it can cope with losses, helps soothe market nerves

Portugal's biggest bank has dismissed speculation that it is at risk from potential debt defaults by other companies in its financial and industrial group — an assurance that helped stabilize jittery European stock markets... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 10, 2014

Campaign Atmosphere Amid Detroit Vote on Debt Plan

The deadline is Friday for public workers and retirees to cast ballots on a plan that depends in part on cutting their benefits... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 10, 2014

Campaign Atmosphere Amid Detroit Vote on Debt Plan

The deadline is Friday for public workers and retirees to cast ballots on a plan that depends in part on cutting their benefits... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 11, 2014

DealBook: Federal Judge Rules That Detroit Is Entitled to Revenue From Casinos

The court rejected a bond insurer’s argument that the city could not use the money to settle bankruptcy debts... #Consumer Financial Protection Bureau #Federal Trade Commission #Federal Trade Commission

Jul 14, 2014

Companies That Offer Help With Student Loans Often Predatory, Officials Say

The debt settlement industry, already accused of questionable tactics related to mortgages, is finding a gold mine of new clients among those with college loans... #Consumer Financial Protection Bureau #Federal Trade Commission

Jul 13, 2014

Whiting Petroleum to Buy Kodiak

Whiting Petroleum said it would buy Kodiak Oil & Gas for $3.8 billion in stock plus debt, creating a new top producer in the Bakken Shale and Three Forks formations... #Whiting Petroleum #Kodiak Oil & Gas Corp.

Jul 11, 2014

Federal Judge Rules That Detroit Is Entitled to Revenue From Casinos

The court rejected a bond insurer’s argument that the city could not use the money to settle bankruptcy debts... #Whiting Petroleum #Kodiak Oil & Gas Corp.