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The Supreme Court has the power to upend consumer financial protection

A case earlier than the Supreme Court has the power dramatically reshape how the U.S. authorities polices financial fraud and different misdeeds in opposition to shoppers — which many consultants concern would weaken current protections and expose the public to extra hurt. The case, which issues the Consumer Financial Protection …

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These plans aim to help student loan borrowers. What can go wrong

With increasingly student loan debtors falling behind, it is clear many individuals want a approach to make their month-to-month payments extra manageable. Enter income-driven reimbursement plans, which some eight million debtors are enrolled in. In concept, the plans are easy: Borrowers’ payments are capped at a portion of their revenue. …

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