Avg. 19 consumer credit report showed that the average APRs for cards accruing interest fell to 21.91% in Q1 2025, down from 22.80% in Q4 2024.
Credit Card settlement is an agreement with your Credit Card issuer to resolve your debt by paying a reduced amount. The process involves negotiating a lump sum payment less than the total balance, either on your own or with a debt settlement company.
As discussed here, the CFPB's Final Rule requires a covered financial institution to collect and annually report to the CFPB data on covered applications from small businesses.
Permanent injunctions are issued as a final judgment in a case, where monetary damages will not suffice. Failure to comply with an injunction may result in being held in contempt of court, which in turn may result in either criminal or civil liability. See, e.g., Roe v. Wade 410 US 113 (1973).
Normally, the first step in obtaining an injunction is to file suit in the county where the relief you need is to be sought. This petition must be supported by sworn testimony in the form of an affidavit or a verification.
Permanent injunctions are issued as a final judgment in a case, where monetary damages will not suffice. Failure to comply with an injunction may result in being held in contempt of court, which in turn may result in either criminal or civil liability.
The injunction is something ordered by the judge that can either be permanent or for a specific period of time. The restraining order usually only happens at the beginning of the case, once the person is served with a temporary restraining order and that will only last until the injunction hearing.
The purpose of a motion to dissolve an injunction is “to provide a means to show changed circumstances or changes in the law that require modification or dissolution of the injunction; the purpose is not to give an unsuccessful party an opportunity to relitigate the propriety of the original grant.”
Injunctions may preserve and safeguard assets or evidence, or may restrain people from committing certain acts. Mandatory orders require the other party to perform certain acts such as returning property.
An injunction or temporary restraining order is an order from the court prohibiting a party from performing or ordering a specified act, either temporarily or permanently.