bank accounts News

New York Moves to Ban Confessions of Judgment for Out-of-State Loans

New York lawmakers took steps to prevent predatory lenders from using the state’s court system to seize the assets of small businesses nationwide. The state Assembly approved a bill late Thursday prohibiting the use of confessions of judgment against individuals …

California Grocery Stores Hit by Identity Theft

At least 80 employees and customers at more than two dozen Lucky Supermarkets’ stores in California’s San Francisco Bay area have had their bank accounts compromised after thieves tampered with the credit and debit card readers in self-checkout lines. The …