Herring announces $136 million joint state-federal settlement with Chase Bank

AFP

Chase Bank and Chase Bankcard Services Inc. will reform their unlawful credit card debt collection practices through a $136 million joint state-federal settlement with Attorney General Mark Herring, attorneys general in 47 states, the District of Columbia, and the federal Consumer Financial Protection Bureau.

Warner, Connolly press Education Department on behalf of former Corinthian students

Chris Graham

U.S. Sen. Mark R. Warner (D-VA) and U.S. Rep. Gerry Connolly (D-VA-11) contacted U.S. Secretary of Education Arne Duncan Monday with questions on behalf of former students of Corinthian Colleges, Inc., a chain of for-profit schools that once operated more than 100 campuses in the U.S. and Canada, including four in Virginia under the Everest College banner – in Chesapeake, Newport News, Vienna, and Woodbridge – that were sold in February.