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Archive for 'banks'

Congress reluctant to act on mortgage lending issues

December 28, 2007

As 2007 came to a close, Congress had done a lot of talking about cracking down on unfair and deceptive mortgage lending practices, but didn’t deliver on any major legislation.
Although there’s some consensus that tighter regulations or new laws governing lenders are needed, some lawmakers have been reluctant to impose restrictions that might worsen the […]

banks, business, finance, loans - Comments closed

Card companies should provide examples, says debt expert

December 14, 2007

Banks and card companies should give customers examples of what they are paying on their credit card bills, according to a representative of one debt counselling service.
James Falla, director of Thomas Charles, supported the idea of market regulators asking companies to “clearly print” the examples for card holders to avoid confusion on items such […]

banks, business, credit cards, finance, uk - Comments closed