Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest ...
Consumer Sentiment Is Buzzy Again. What to Expect From March’s Report.
Consumers have been gloomy about the economy for a while. That hasn’t translated to a pullback in spending yet—but ...
ConsumerAffairs2d
Legislation to overturn medical debt rule draws blowback
Legislation to Overturn Medical Debt Rule: U.S. Senator Mike Rounds and Representative Ralph Norman introduced resolutions to ...
What Debt Protections Could Consumers Lose Without the CFPB?
The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency' ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
With the consumer agency on pause, here’s how to protect yourself
The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis, has been ...
Improve Your Credit Report: 2 Hacks To Find and Fix Errors for Free
Your credit score indicates how likely it is you're going to pay off debt, a key metric of your financial worthiness.
What is a credit sweep?
A credit sweep is a fraudulent credit repair tactic that disputes all negative items on a credit report at once.
The Trump Administration disbanded the Consumer Financial Protection Bureau. Here’s how it could impact rural communities.
Fighting junk fees, tackling medical debt and aiding banking deserts are just some of the protections the Consumer Financial Protection Bureau (CFPB) provided for rural communities. In February, the ...
NBC Washington5d
Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
according to the Federal Reserve’s latest consumer credit report. Altogether, consumer debt, including student loans, auto loans and credit card debt, now stands at $5 trillion. Higher prices ...
NBC New York5d
Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
19 consumer credit report released on Friday. That is up slightly from a month earlier but down 0.6% compared to a year ago. Revolving debt, which mostly includes credit card balances ...