March 15, 2025

Consumer Financial Protection Bureau

Finance

Bread Financial Holdings (NYSE:BFH) Stock Is Rising, But Is It Worth Investors’ Dough?

Bread Financial Holdings (NYSE:BFH) shares are up more than 55% over the past 12 months. Prior to its recent first-quarter update, the consumer finance company had outperformed consensus earnings estimates for six consecutive quarters. Given the momentum, the former $300 stock may seem like a worthwhile investment. However, a challenging consumer spending environment may continue

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Loans

Student Loan Borrowers May Get Millions After Servicers Accused of Failure

The Consumer Financial Protection Bureau (CFPB) on Monday filed a complaint against two major private student loan servicers, alleging failure to address borrowers’ requests. The CFPB accused the National Collegiate Student Loan Trust (NCSLT), a group of 15 securitization trusts, and the loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) of failing to respond to

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