Its plan would entail concessions from Puerto Ricans, the federal government and bondholders.
The businesses said they had difficulty engaging constructively with the agency.
The number of Americans failing to pay back their student loans is growing, even as overall...
Consumers in states that prohibit payday lending had no obligation to repay loans.
Debt is never a long-term solution for anyone, anything or any nation.
Kicking the fiscal can down the road is analogous to driving a car off the cliff.
There are some scary parallels between the two nations.
The for-profit school is in the middle of a bankruptcy case.
CFPB released a framework in March for rules its considering proposing.
The agency is considering how best to protect consumers from predatory lenders.
The students want the Education Department to discharge fraudulent loans.
CFPB is expected to unveil the new regulations as soon as this month.
Lenders say report shows no need for industry regulations.
The saga has entered a version of bizarro world that only lawyers could love.
It's time for all stakeholders to sit down and agree on a way out of the present predicament.
Voters should insist on a budget plan from lawmakers, and members should promise one.
Regardless of what proposal the prime minister presents, will he be able to implement it?
National People's Action has launched a petition asking CFPB to crack down on payday lenders.
It is a slightly better projection than last year's.
The Consumer Financial Protection Bureau is weighing alternate sets of regulations.
The regulations target payday loan providers.
Consumer groups argue high default rates prove payday loans are dangerous.
It's a wake-up call for elected officials: Fiscal policy is on the wrong path.
More than 60 percent of all borrowers defaulted on these high-cost loans.