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Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest ...
The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis, has been ...
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
For many consumers, 2024 was a mixed bag of pluses and minuses when it came to credit. Many borrowers with lower fixed-rate ...
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 ...
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 ...
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 ...
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 ...
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