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OneMain Financial Faces Federal Lawsuit Over Alleged Hidden Fees Affecting Borrowers

OneMain Financial Faces Federal Lawsuit Over Alleged Hidden Fees Affecting Borrowers

OneMain Financial Faces Federal Lawsuit Over Alleged Hidden Fees Affecting Borrowers
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OneMain Financial faces federal lawsuit over hidden fees

OneMain Financial faces federal lawsuit over hidden fees

Thirteen state attorneys general have filed a bipartisan federal lawsuit against OneMain Financial, one of the nation's largest non-bank installment lenders, PBS reported. The case targets practices affecting borrowers across the company's extensive national network. The coalition alleges the ...
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JP Morgan Chase CEO Jamie Dimon Opposes CLARITY Act on Crypto Regulation

JP Morgan Chase CEO Jamie Dimon Opposes CLARITY Act on Crypto Regulation

JP Morgan Chase CEO Jamie Dimon Opposes CLARITY Act on Crypto Regulation
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US Insurers Reduce Rate Increases After Catch-Up Period, Impacting Home and Auto Policies

US Insurers Reduce Rate Increases After Catch-Up Period, Impacting Home and Auto Policies

US Insurers Reduce Rate Increases After Catch-Up Period, Impacting Home and Auto Policies
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K Gates Expands with Strategic ETF Partner in San Francisco

K Gates Expands with Strategic ETF Partner in San Francisco

K Gates Expands with Strategic ETF Partner in San Francisco
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California Mortgage Servicer Settles for $4.6 Million Over Pandemic Foreclosure Violations

California Mortgage Servicer Settles for $4.6 Million Over Pandemic Foreclosure Violations

Select Portfolio Servicing, a major sub-prime mortgage servicer, has agreed to a $4.6 million settlement with the California Attorney General over allegations of violating mortgage servicing and debt collection laws during the COVID-19 pandemic. The settlement, which is pending court approval, includes $1.6 million in civil penalties and $3 million in consumer relief. The company is also required to implement changes to ensure homeowners receive accurate information and support when seeking loan modifications and foreclosure-prevention alternatives. The California Department of Justice's investigation found that SPS failed to provide adequate information about COVID-19 forbearance plans and incorrectly informed borrowers about late fees during the pandemic.
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Westpac's U.S. Operations Highlight Regulatory and Investment Challenges

Westpac's U.S. Operations Highlight Regulatory and Investment Challenges

Westpac's U.S. Operations Highlight Regulatory and Investment Challenges
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K Gates Expands Asset Management Practice with New ETF Partner in San Francisco

K Gates Expands Asset Management Practice with New ETF Partner in San Francisco

K Gates Expands Asset Management Practice with New ETF Partner in San Francisco
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Supreme Court Strengthens SEC's Authority to Recover Illegal Profits

Supreme Court Strengthens SEC's Authority to Recover Illegal Profits

Supreme Court Strengthens SEC's Authority to Recover Illegal Profits
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New State Surveillance Laws Challenge Consumer Litigation Efforts

New State Surveillance Laws Challenge Consumer Litigation Efforts

New State Surveillance Laws Challenge Consumer Litigation Efforts
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U.S. Crypto Regulation Advances with Launch of Regulated Perpetual Futures

U.S. Crypto Regulation Advances with Launch of Regulated Perpetual Futures

U.S. Crypto Regulation Advances with Launch of Regulated Perpetual Futures
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Ahmedabad Visa Consultancy Firm Accused of Fraud in Work Permit Case

Ahmedabad Visa Consultancy Firm Accused of Fraud in Work Permit Case

The Navrangpura police have registered a case of cheating and breach of trust against three individuals associated with a visa consultancy firm in Ahmedabad. The firm, DAA Business Consultant Services Pvt Ltd, is accused of defrauding a client, Mehulkumar Jayantilal Vaddoriya, by promising to secure a European work permit visa for his brother. Vaddoriya claims he paid a total of ₹5 lakh to the firm, but neither the visa nor the travel arrangements were provided. The accused, identified as Akhil Subhash Chatur, Nitaben Subhash Chatur, and Umangiben Ashwinbhai Modi, allegedly refunded only ₹50,000 after Vaddoriya threatened legal action. Despite signing an agreement to return the remaining amount, the firm failed to fulfill this commitment.