ARLINGTON, Va. -Americans filed a record number of bankruptcy petitions in April as the clock began to tick on new laws to take effect on October 17, according to Cardweb.com, a site on the Internet that tracks credit card data. The site reported that Americans made more than 170,000 bankruptcy filings during April, compared to 145,543 for April 2004. The 16.0% gain for April is the second month in a row that filings have moved up sharply after a steady two-year decline, the site reported. Over the full year of 2004, bankruptcy filings declined about 4% and in January filings dropped 13% compared to the year before and 17% during February.
The disruption could introduce new risks into the system by compelling banks to loosen lending standards and take on greater risk.
The CDFI awards support to developers, renters and buyers.
Without email authentication standards, hackers don’t need to compromise accounts to send emails that impersonate FIs.
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