What Citi Just Told the SEC About the Real Cost of Your Card Rewards
Citi’s own SEC filing shows the fee side of its card business ran $663 million in the red this quarter. Here’s what that means for how you use your card.
Citi’s own SEC filing shows the fee side of its card business ran $663 million in the red this quarter. Here’s what that means for how you use your card.
In February, Bank of America told the SEC this compliance matter would not be “material.” In July, it said resolution may include monetary penalties.
Encore Capital’s own SEC filing shows a record quarter buying consumer debt, funded by $750 million in new Wall Street borrowing — with lawsuits growing faster than any other way Midland Credit Management collects.