#equal-credit-opportunity-act
#equal-credit-opportunity-act

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PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses | Fortune

PayPal will waive $30 million in processing fees for $1 billion in small business transactions under a DOJ settlement tied to a 2020 investment program.

Real estate

fromwww.housingwire.com

3 months ago

Emigrant Bank's predatory lending loss upheld by Supreme Court

Jury found Emigrant liable for reverse redlining after marketing predatory loans with 18% default interest to Black and Latino New York City homeowners.

US politics

fromwww.mercurynews.com

3 months ago

Jill On Money: Can Trump cap credit card interest rates?

Credit card use is widespread, many pay in full, yet over $1.233 trillion remains outstanding and high interest rates drive calls for caps.

fromwww.housingwire.com

9 months ago

Trump executive order would investigate banks for political discrimination, crypto stance

The executive order directs regulators to investigate potential violations of the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws. Banks may face fines or penalties if found in violation.