Source: en.wikipedia.org
To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. Last weekend, President Donald Trump fired CFPB Director...
For American consumers, making minimum monthly credit card payments is becoming the norm. That’s according to a report Saturday (Jan. 25) by The Wall Street...
Americans are struggling to keep the cars they’re driving, the Consumer Financial Protection Bureau found. A CFPB report, titled “Auto Repossession Trends and Consumer Impact,”...
Among the messages conveyed so far in the continuing cavalcade of earnings reports — especially from banks — is that consumer spending is buoyant, a...
The appeal of stretching out one’s cash flow — making payments over time rather than all at once, and pressuring bank accounts or boosting interest-bearing...
The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned...
Medical debt will no longer appear on consumers’ credit reports under a new government rule. The Consumer Financial Protection Bureau (CFPB)’s newly-finalized regulation, announced by the White House Tuesday...
Eltropy acquired Lexop, saying the combination of the companies’ technologies will help community financial institutions (CFIs) reduce and prevent delinquencies, collect faster and enhance borrower...
The Consumer Financial Protection Bureau sued nonbank financing company Vanderbilt Mortgage & Finance Monday (Jan. 6), saying the company made loans to consumers despite evidence...