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PayPal is a hugely popular option for transferring funds, but the legal status of digital payment systems continues to be contentious. As reported by the Wall Street Journal, PayPal is suing the consumer protection agency for the financial sector in the US, the Consumer Financial Protection Bureau (CFPB). The company is challenging regulations introduced by the CFPB in April this year which required PayPal accounts and other digital wallets to guarantee the same consumer protections as prepaid credit cards.
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FHA borrowers will get a bigger budget when it comes to buying a home. The Department of Housing and Urban Development (HUD) recently announced an increase in FHA loan limits for most U.S. counties in 2020.
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More than 15 million victims of the 2017 Equifax data breach have put in claims for redress in the form of credit monitoring or money, according to new court filings.
Following one of the largest breaches ever to threaten Americans’ private information — 147 million people were affected — there have been over 3.3 million claims for credit monitoring and over 4.5 million claims for money, the filing shows that.
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After nine visits to the emergency room at Baptist Memorial Hospital in Memphis, Tenn., in 2016 and 2017, Jennifer Brooks began receiving bills from an entity she’d never heard of, Southeastern Emergency Physicians.
Unsure what the bills were for, Brooks, a stay-at-home mother, said she ignored them until they were sent to collections. She made payment arrangements, but when she was late, she said the collection agency demanded $500, which she didn’t have.
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