CFPB Monitor
OCTOBER 3, 2019
On October 1, three trade groups filed a lawsuit in Nevada federal court challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s credit history to be identical to that of the applicant’s spouse during the marriage. See NRS 598B.060.
Independent Banker
JUNE 30, 2022
As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. I’ll be attending the 2022 Idaho, Nevada, Oregon and Washington Bankers Associations’ Annual Convention in Coeur d’Alene, Idaho, and meeting with ICBA’s board of directors. Where I’ll be this month.
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PYMNTS
MAY 22, 2020
After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending operation with overcharging customers and taking money from their bank accounts without authorization. La Posta Tribal Lending Enterprise; Ebisu Marketing, Inc.;
PYMNTS
DECEMBER 28, 2020
The COVID-19 outbreak has led to a sharp decrease in footfall, order volume, and bucket size within the food services segment,” InCred Head of SMB Lending Saurabh Jhalaria said, per the report. “In In this context, platforms such as Zomato have enabled physical businesses to recover seamlessly. We are happy to join hands with Zomato.”.
Abrigo
FEBRUARY 10, 2021
You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Stay up-to-date on the latest on ag lending trends. Examples include habitat banks KCoe Isom manages in West Virginia and Nevada with our cattle-ranching clients. Ag Lending. Lending & Credit Risk. Ag Lending.
CFPB Monitor
JANUARY 5, 2021
On December 30, 2020, the CFPB announced a consent order with Omni Financial of Nevada, Inc. based on alleged violations of the Military Lending Act (MLA) and Electronic Funds Transfer Act (EFTA). This is the second consent order announced as part of a sweep of investigations for potential MLA violations.
PYMNTS
AUGUST 30, 2017
A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. Truth in Lending Act. customers to lock in home interest rates when their mortgage applications were delayed. Reuters reported news that Victor Muniz alleges that he was charged $287.50
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