Topic
Credit
89 published works
ImmigrationProf Blog
Immigration Article of the Day: Immigration and Credit in America by J. Anthony Cookson, Benedict Guttman-Kenney, & William Mullins
Immigration and Credit in America by J. Anthony Cookson, Benedict Guttman-Kenney, & William Mullins, Kilts Center at Chicago Booth Marketing Data Center Paper ForthcomingAbstractImmigrants enter the U.S. with a blank credit history, regardless…
Iowa Banking Law Blog
Congress Tries Again to Repeal Section 1071
By jlandedickinsonbradshaw-com-dickinson-bradshaw
Congress is once again considering repealing Section 1071 of the Dodd-Frank Act. On February 4 Congressman Roger Williams introduced legislation to repeal Section 1071. A similar proposal is expected in…
Minnesota Bankruptcy Blog
Top 7 Myths About Bankruptcy: Myth No. 3 – My Credit Will Be Ruined For 10 Years or More
By DaveKelly
By Dave Kelly, Minnesota Bankruptcy Lawyer I don’t claim to be a credit expert. What I know about credit and the effect of bankruptcy filing on it is what I…
Riverside County Bankruptcy Lawyer Blog
Things not to do before filing Chapter 7
Filing for Chapter 7 bankruptcy is a significant financial decision that can have long-lasting effects on your credit and economic future. Before filing for Chapter 7 bankruptcy, there are several…
The CLS Blue Sky Blog
Morrison & Foerster Discusses Proposed CFPB Rules on Bank Fees
By Jeremy Mandell, Jessica Kaufman, Rebecca Tesfaye
As part of its ongoing attack on bank fees, the Consumer Financial Protection Bureau (CFPB) has issued two proposed rules to regulate fees charged by banks: one on overdraft services,…
Consumer Finance and Fintech Blog
CFPB, DOJ Joint Statement: Financial Institutions May Not Use Immigration Status to Illegally Discriminate Against Credit Applicants
By Moorari Shah, A.J. Dhaliwal
On October 12, the CFPB and DOJ issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of their national origin,…
Consumer Financial Services Law Monitor
Federal Agencies Finally Weigh in on Immigration Status in Credit Underwriting
By Lori Sommerfield, Chris Willis, Mark Furletti
Yesterday, the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) (collectively, the agencies) issued a joint statement on the subject of creditors' use of immigration status…
Financial Services Perspectives
CFPB Analyzes the Financial Health of Rural Borrowers in the South
By Jason R. Bushby, Christy W. Hancock, Robert Maddox, John Thomas Mostellar III
On June 21, 2023, the CFPB released two Data Spotlight reports focused on the Southern states, entitled “Banking and Credit Access in the Southern Region of the U.S.” and “Consumer…
Financial Services Perspectives
CFPB Highlights Banking and Credit Hurdles for Minority and Rural Borrowers in the South
By Christy W. Hancock, Jason R. Bushby, Robert Maddox
On June 21, 2023, the CFPB released two Data Spotlight reports focused on the Southern states, entitled “Banking and Credit Access in the Southern Region of the U.S.” and “Consumer…
Consumer Finance and Fintech Blog
CFPB Statement of Interest Highlights Focus on Discriminatory Access to Credit
By Moorari Shah, A.J. Dhaliwal, Matt Benz
On April 14, the CFPB filed a statement of interest in a case currently pending before the United States District Court for the Southern District of Florida in an attempt…