Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest ...
Consumers have been gloomy about the economy for a while. That hasn’t translated to a pullback in spending yet—but ...
For many consumers, 2024 was a mixed bag of pluses and minuses when it came to credit. Many borrowers with lower fixed-rate ...
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis, has been ...
In the same way people don’t think about their plumbing until a deathly stench rises from their shower drain, most of us have ...
Your credit score indicates how likely it is you're going to pay off debt, a key metric of your financial worthiness.
A credit sweep is a fraudulent credit repair tactic that disputes all negative items on a credit report at once.
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 ...
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 ...
In this year's consumer credit report, Experian explores the ups and downs in the types of credit consumers used in 2024 and a little of what to expect in 2025. Credit scores remained broadly ...
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