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Credit Card Late Fees To Be Capped At $8 Under Biden Campaign Against 'Junk Fees'
CBS News
The White House Council of Economic Advisers produced an analysis indicating that the Biden administration's efforts overall will eliminate $20 billion in annual junk fees.
New Proposed Rule Could Ease Financial Burdens, Change Overdraft Fees
MaKayla Glenn
Experts said this proposal targets junk fees, which can occur when purchasing tickets to a game or booking a flight. They said a major part will also lower overdraft fees at banks.
Biden Administration To Ban Medical Debt From Americans' Credit Scores
CBS News
The Biden administration announced a major initiative to protect Americans from medical debt on Thursday, outlining plans to develop federal rules barring unpaid medical bills from affecting patients' credit scores.
Bank Of America Hit With $250 Million In Fines For ‘Double-Dipping’ Fees, Fake Accounts
Associated Press
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
Next Steps For Borrowers After SCOTUS Blocks Student Debt Relief
Jordan Fremstad
Millions of student loan borrowers will not have their debt forgiven after a decision by the Supreme Court. The 6-3 decision derails President Joe Biden’s campaign to relieve debt for about 40 million Americans.
Wells Fargo To Pay $3.7B Over Consumer Law Violations
Associated Press
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts.
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As ‘Buy Now, Pay Later’ Plans Grow, So Do Delinquencies
Associated Press
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.
As ‘Buy Now, Pay Later’ Plans Grow, So Do Delinquencies
Associated Press
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.
Complaints About Inaccurate Credit Reports Are Soaring
CBS News
Americans are on pace to set a record this year for the most complaints about credit report inaccuracies filed with the Consumer Financial Protection Bureau, according to Consumer Reports.
Complaints About Inaccurate Credit Reports Are Soaring
CBS News
Americans are on pace to set a record this year for the most complaints about credit report inaccuracies filed with the Consumer Financial Protection Bureau, according to Consumer Reports.
Former ITT Tech Students Get $3.9B In Debt Cancellation
Associated Press
Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday.
Former ITT Tech Students Get $3.9B In Debt Cancellation
Associated Press
Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday.
Bank Of America Fined $225 Million For Botching Pandemic Benefits
CBS News
Regulators are fining Bank of America $225 million for bungling the distribution of unemployment benefits amid the pandemic, and are ordering the bank to compensate more than 100,000 people in a dozen states as a result.
Bank Of America Fined $225 Million For Botching Pandemic Benefits
CBS News
Regulators are fining Bank of America $225 million for bungling the distribution of unemployment benefits amid the pandemic, and are ordering the bank to compensate more than 100,000 people in a dozen states as a result.
Some Medical Debt Is Being Removed From US Credit Reports
Associated Press
Help is coming for many people with medical debt on their credit reports.
Some Medical Debt Is Being Removed From US Credit Reports
Associated Press
Help is coming for many people with medical debt on their credit reports.
Feds Fine Bank Of America $10 Million For Illegally Garnishing Bank Accounts
CBS News
Bank of America will pay a $10 million penalty and refund nearly $600,000 in fees to thousands of customers whose accounts were illegally garnished, the Consumer Financial Protection Bureau announced on Wednesday.
Feds Fine Bank Of America $10 Million For Illegally Garnishing Bank Accounts
CBS News
Bank of America will pay a $10 million penalty and refund nearly $600,000 in fees to thousands of customers whose accounts were illegally garnished, the Consumer Financial Protection Bureau announced on Wednesday.
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Americans Often 'Forced' To Pay Medical Bills They Don't Owe, Feds Say
CBS News
It may come as little surprise that many Americans are besieged by medical bills, especially as the COVID-19 pandemic grinds on. Perhaps more eye-opening is that this is often for debt they have already paid or do not actually owe.
Americans Often 'Forced' To Pay Medical Bills They Don't Owe, Feds Say
CBS News
It may come as little surprise that many Americans are besieged by medical bills, especially as the COVID-19 pandemic grinds on. Perhaps more eye-opening is that this is often for debt they have already paid or do not actually owe.
Student Loan Program Changes Could Bring Millions Closer To Getting Out Of Debt
CBS News
The Education Department announced fixes on Tuesday to multiple student loan programs, giving thousands of borrowers immediate relief from student loan debt and bringing millions more years closer to having their student loans forgiven.
Student Loan Program Changes Could Bring Millions Closer To Getting Out Of Debt
CBS News
The Education Department announced fixes on Tuesday to multiple student loan programs, giving thousands of borrowers immediate relief from student loan debt and bringing millions more years closer to having their student loans forgiven.
Biden Picks Michael Barr For Fed’s Bank Regulation Post
Associated Press
President Joe Biden said Friday he plans to nominate Michael Barr, the dean of the University of Michigan’s public policy school, to be the Federal Reserve’s vice chairman of supervision.
Biden Picks Michael Barr For Fed’s Bank Regulation Post
Associated Press
President Joe Biden said Friday he plans to nominate Michael Barr, the dean of the University of Michigan’s public policy school, to be the Federal Reserve’s vice chairman of supervision.
Elizabeth Warren Bashes Goldman Sachs After Claims Of Apple Card Bias
News 9
Goldman Sachs's offer to review gender-discrimination claims related to the Apple Card is drawing fire from U.S. senators including presidential contender Elizabeth Warren.
Elizabeth Warren Bashes Goldman Sachs After Claims Of Apple Card Bias
News 9
Goldman Sachs's offer to review gender-discrimination claims related to the Apple Card is drawing fire from U.S. senators including presidential contender Elizabeth Warren.
Equifax Will Pay Up To $700 Million To Settle Data Breach Lawsuits
News 9
Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over the massive 2017 data breach that exposed the private data of nearly 150 million people.
Equifax Will Pay Up To $700 Million To Settle Data Breach Lawsuits
News 9
Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over the massive 2017 data breach that exposed the private data of nearly 150 million people.
Better Business Bureau Warns Of Student Loan Scams
News On 6
As many families deal with college financing this summer, the Better Business Bureau has reported an increase in fraudulent texts, emails and voicemails about loans.
Better Business Bureau Warns Of Student Loan Scams
News On 6
As many families deal with college financing this summer, the Better Business Bureau has reported an increase in fraudulent texts, emails and voicemails about loans.
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Top Headlines
GolfSuites Tulsa Closes Doors Abruptly After Eviction
News On 6
A golf entertainment venue shut down and was evicted on Tuesday. There has been quite a strong response to GolfSuites closing, and News On 6 was there as crews showed up to change the locks.
GolfSuites Tulsa Closes Doors Abruptly After Eviction
News On 6
A golf entertainment venue shut down and was evicted on Tuesday. There has been quite a strong response to GolfSuites closing, and News On 6 was there as crews showed up to change the locks.
Storm Chances Ahead For Green Country
News On 6
Oklahoma Weather Forecast: Bookmark this page and refresh it often for the latest forecast and daily updates.
Storm Chances Ahead For Green Country
News On 6
Oklahoma Weather Forecast: Bookmark this page and refresh it often for the latest forecast and daily updates.
State Audit Says OMES Abused Taxpayer Funds
News On 6
A scathing state audit says the state's Office of Management and Enterprise Services (OMES) abused billions of taxpayer funds while distributing federal COVID relief.
State Audit Says OMES Abused Taxpayer Funds
News On 6
A scathing state audit says the state's Office of Management and Enterprise Services (OMES) abused billions of taxpayer funds while distributing federal COVID relief.
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Top Headlines
GolfSuites Tulsa Closes Doors Abruptly After Eviction
News On 6
A golf entertainment venue shut down and was evicted on Tuesday. There has been quite a strong response to GolfSuites closing, and News On 6 was there as crews showed up to change the locks.
Storm Chances Ahead For Green Country
News On 6
Oklahoma Weather Forecast: Bookmark this page and refresh it often for the latest forecast and daily updates.
State Audit Says OMES Abused Taxpayer Funds
News On 6
A scathing state audit says the state's Office of Management and Enterprise Services (OMES) abused billions of taxpayer funds while distributing federal COVID relief.
Tulsa Co. District Attorney's Office Holds Spring Day Of Remembrance For Homicide Victims
Kaitlyn Deggs
The Tulsa County District Attorney’s Office held a ceremony Tuesday night to honor homicide victims. They say it’s a group that no one wants to be part of, but coming together to talk about their losses helps them know they are not alone.
Tonight At 10 On News On 6
News On 6
We have the news tonight at 10 on News On 6. Refresh this page for daily updates.
First Responders Encouraging Gun Safety At Public Event
Chinh Doan
Organizers said between the shooting at Saint Francis and almost two guns being stolen every day throughout Tulsa, something different must be done, and it will take everyone working together.
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