Columbus, OH

Reuters

(Reuters) -The Centers for Medicare and Medicaid Services said on Monday it plans to close the advance payments program it started to help some Medicare providers and suppliers affected by disruptions at UnitedHealth's Change Healthcare technology unit.

US to stop advance payments for Medicare providers hit by Change hack

Business Insider

A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" when assisting borrowers with repayment and relief.

Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says

PYMNTS

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer Financial Protection Bureau (CFPB), which found numerous failures in student and auto loan servicing, deceptive and abusive debt collection practices, and complaints centered on credit cards offered by dental and medical practices.

CFPB Finds Failures in Loan Collection and Medical Credit Cards

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Advocate Andy

Regulator calls out debt collectors, loan servicers for illegal, harmful practices. Loan servicers and debt collectors routinely engage in harmful, deceptive, or illegal practices, according to a new report by a key federal regulator.

Consumer Harms: Regulator Exposes Illegal Practices by Debt Collectors

Editor in Chief Sarah Wheeler sat down with Consumer Financial Protection Bureau Director Rohit Chopra for a podcast this week and the talk turned to technology and tech companies. This interview has been edited for length and clarity. Listen to the whole episode here. Sarah Wheeler: Let’s talk about technology’s...

CFPB Director Rohit Chopra on who’s going to benefit from mortgage automation

ABC News

The rule could go into effect sometime next year, CFPB Director Rohit Chopra told ABC News in an exclusive interview ahead of the policy announcement.

In sweeping change, Biden administration to ban medical debt from credit reports

The Motley Fool

Although any increase is beneficial, seniors may find the projected COLA is still lacking.

The Social Security COLA for 2025 Is Shaping Up to Be a Double-Edged Sword, but It Could Be Worse

Newark, NJ

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Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Tether announced Monday that the Philippines now accepts USDT stablecoin as a payment option for the nation’s Social Security System (SSS). This move, made possible through a partnership with Uquid, a company specializing in Web3 shopping and services, utilizes the TON blockchain to enhance the efficiency of these payments.

Philippines adopts USDT for social security payments

As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments. Target-owned same-day delivery aggregator Shipt, for instance, recently said it has begun accepting these benefits on its marketplace, reaching...

Aggregators Expand SNAP EBT Acceptance to Woo Paycheck-to-Paycheck Shoppers

New Jersey State

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

For customers, fintech promised the best of both worlds: The innovation, ease of use and fun of the newest apps combined with the safety of government-backed accounts held at real banks. The collapse of middleman Synapse has revealed fintech's promise of safety as a mirage. More than 100,000 Americans with...

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

You generally need to demonstrate sufficient income to buy a house, but it is possible to buy a home with no income. You’ll need to prove to a lender that you can afford the mortgage payments in other ways, such as by paying with assets, or you’ll need to buy the house with all cash. Learn more about how to buy a house with no income.

How to Buy a House With No Income

The Better Business Bureau (BBB) is warning residents to be aware of potential utility scams. Although utility scams can happen any time of the year, they are more likely to occur during extreme weather events. The scammers take advantage of weather events, such as the current high heat temperatures the...

Scam Alert: Scammers Impersonating Utility Companies In Person or Over the Phone

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4 Reasons to Switch Banks in July

ARMs can offer temporary relief for homebuyers who want to avoid paying higher mortgage rates — however, they also come with risk.

Thousands of homeowners are about to get slammed with higher monthly payments

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

A new USDA report shows the Supplemental Nutrition Assistance Program payment error rate from fiscal year 2023 was 11.68%. Overpayments accounted for a little over 10.03% of the errors, a slight increase from 2022. The underpayment error rate stood at 1.64%, a nominal improvement from 2022’s 1.70%. Those rates...

SNAP payment errors up slightly in 2023

More people are about to find out what exactly a “crawl space” is. United Wholesale Mortgage (UWM), one of America’s largest mortgage lenders, is offering zero-down mortgages, opening up home ownership to more people but revitalizing a controversial practice that carries as many risks as opportunities. Here’s...

How to buy a house with no down payment

NewsBreak

Will CFPB’s Scrutiny on Medical Payment Products Blunt Consumers’ Access to Healthcare?

The Consumer Financial Protection Bureau (CFPB) is sharpening its focus on healthcare payments, and the result may be that at least for some consumers who have...

Will CFPB’s Scrutiny on Medical Payment Products Blunt Consumers’ Access to Healthcare?

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