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>> CREDIT Latest News

26 MINS AGO - ABC News

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Consumer Watchdog Proposes Ban on Some Arbitration Clauses

The Consumer Financial Protection Bureau is proposing a ban on arbitration clauses, which would impact the entire financial industry encompassing hundreds of millions of bank accounts, credit cards and mortgages

Tags: Consumer Watchdog Proposes Ban on Some Arbitration Clauses,  Credit Latest News

35 MINS AGO - Seattle Times

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Consumer watchdog proposes ban on some arbitration clauses

NEW YORK (AP) — If government regulators get their way, it’s going to become a lot easier to sue your bank. By and large, U.S. bank customers have signed away their right to sue their bank in court, often without being aware of it. Buried in the fine print of credit card agreements, mortgages, insurance […]

Tags: Consumer watchdog proposes ban on some arbitration clauses,  Credit Latest News

4 HOURS AGO - Zero Hedge

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Peter Schiff: How Trump Can Make America Great Again

Submitted by Peter Schiff via Euro Pacific Capital, Donald Trump’s critics have heaped scorn on his calls for protective tariffs to deal with America’s widening trade imbalance and the resulting loss of higher–paying blue color jobs. Some have accused him of trying to turn back the clock in pursuit of a cheap populist ploy and have said that he simply ...

Tags: Peter Schiff: How Trump Can Make America Great Again,  Credit Latest News

5 HOURS AGO - Credit Union Times

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HAR-CO Takes Second Shot at Bank Conversion

Seeking more business flexibility, a Maryland credit union applies for conversion four years after its first attempt.

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5 HOURS AGO - Business Insider

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Investors own a staggering amount of bonds that offer almost nothing in return (TLT, TLO)

There's a staggering amount of government bonds around the world with yields below zero. Fitch credit researchers crunched the data to find that $9.9 trillion in global sovereign debt had negative yields as of April 25.  That's composed of $6.8 trillion of long-term debt, and $3.1 trillion in short-term debt.  "Unconventional monetary policies, regulatory risk mitigation by banks and a flight ...

Tags: Investors own a staggering amount of bonds that offer almost nothing in return (TLT, TLO),  Credit Latest News