News

Judge scraps Biden-era Medical debt credit reporting rule
A federal judge in Texas reversed a Biden-era rule on Friday that permitted medical debt to be wiped from credit reports, ...
Way to go, Des Moines! The 10 most 'financially responsible' cities across America
A group of midwestern cities, including Des Moines, Iowa, Madison, Wisconsin, and Minneapolis, rank among the most “financially responsible” in the nation, according to a new report.
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Texas judges repeals CFPB's medical debt rule
A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from ...
Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
US judge grants Trump admin request to scrap Biden-era medical debt rule
A federal judge in Texas on Friday granted a request from the Trump administration and industry groups to scrap regulations ...
The Smart Shopper’s Guide To Buy Now, Pay Later: Why Credit Cards Still Come Out On Top
Buy now, pay later (BNPL) services have entrenched themselves on every shopping platform and nearly every service you can ...
Fannie and Freddie no longer require FICO. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
Opinion: Gutting of financial protections puts service members at risk
The Trump administration could really lend a hand to veterans and service members. Instead, it’s opening the door for scams ...
The CFPB Was A Mistake—Even Before It Abused Its Power
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
U.S. consumers shunned credit cards in May, and borrowing cooled
The numbers: Total U.S. consumer credit growth slowed to a $5.1 billion gain in May, down from a $16.9 billion rise in the ...
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Judge blocks briefs supporting CFPB open banking rule
A district court judge this week has denied allowing four groups — the American Fintech Council, Financial Data and ...
The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...