Chester County News and Community Website
MALVERN, PA — Endo, Inc., a newly established entity, recently unveiled plans to secure new senior secured credit facilities totaling $1.65 billion. The ambitious financial package is comprised of a …
Endo Inc. Announces Major Financing Move with $1.65 Billion in New Credit Facilities Amid Restructuring Read More
HARRISBURG, PA — In a landmark settlement, Equifax, one of the nation’s largest consumer credit reporting agencies, has agreed to pay a significant penalty for an error that resulted in …
Equifax Settles with Pennsylvania Over Reporting Error, Agrees to Largest Penalty in Recent History Read More
WEST CHESTER, PA — Moody’s Investors Service has reaffirmed the West Chester Area School District (WCASD)’s financial stability with a distinguished Aaa general obligation limited tax (GOLT) rating in recognition …
West Chester Area School District Earns Prestigious Aaa Rating, Reflecting Exceptional Financial Resilience Read More
HORSHAM, PA — In a strategic move designed to align with its current and future business projections, STRATA Skin Sciences, Inc. (NASDAQ: SSKN) has successfully amended its credit and security …
STRATA Skin Sciences Successfully Amends Credit Agreement, Bolstering Strategic Initiatives Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently announced that it will extend its supervisory authority to include installment lender World Acceptance. This move marks a critical step …
Consumer Financial Protection Bureau Asserts Supervisory Authority Over Installment Lender World Acceptance Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently revealed data indicating that large banks offer less favorable credit card terms and higher interest rates than their smaller counterparts, …
Large Banks Charging Higher Credit Card Rates than Small Counterparts, Says CFPB Read More
Borrowing money is often a necessary but fraught endeavor. It can be the much-needed financial lifeline or the quicksand dragging you further into a pit of debt. In rare and …
Dealing with Unreasonable Loan Conditions: A Borrower’s Guide Read More
WASHINGTON, D.C. — As Americans, many of us have experienced the nerve-racking process of applying for a new job or hunting for a new apartment. What you may not realize …
Ensuring Fairness and Transparency: CFPB Tackles Inaccurate Background Checks and Credit File Sharing Practices Read More The Consumer Financial Protection Bureau (CFPB) has recently imposed a $12 million penalty on Bank of America for providing false mortgage lending data to the federal government. This violation of …
Bank of America Fined $12 Million for False Mortgage Lending Information Read More
The Consumer Financial Protection Bureau (CFPB) recently published an analysis of the Community Reinvestment Act (CRA) laws in seven states and the District of Columbia. The report provides insights into …
CFPB Report Sheds Light on State Community Reinvestment Act Laws and their Impact on Local Financial Institutions Read More