credit score

Reporting BNPL Performance to Bureaus May Broaden Pool of Credit-Worthy Consumers
Reporting BNPL Performance to Bureaus May Broaden Pool of Credit-Worthy Consumers
March 21, 2025  |  Consumer Finance

PYMNTS Intelligence has detailed that consumers opt for buy now, pay later (BNPL) plans because they’re convenient and accessible. More than half of the individuals...

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Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
January 17, 2025  |  Regulation

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to...

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CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024  |  News

The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade...

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SoFi Adds Credit Cards Focused on Rewards and Credit Scores
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
October 09, 2024  |  Credit Cards

SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. One card is designed for consumers who prioritize earning...

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Banks Call For Greater BNPL Reporting Transparency
Banks Call For Greater BNPL Reporting Transparency
May 07, 2024  |  Buy Now Pay Later

In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack...

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CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
April 15, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) has written a letter in support of a Connecticut bill that would prohibit healthcare providers in the state from reporting medical debt...

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Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
March 25, 2024  |  Personal Finance

Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash...

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Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
January 24, 2024  |  News

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as...

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