One reason experts urge you to monitor your credit reports is so that you can catch identity thieves who open fraudulent ...

For decades, banks controlled consumer credit. They decided who got approved, at what rate, and on what terms. But in 2025, banks are no longer the first option. Private credit, once a fringe asset ...

Corrections & Clarifications: An earlier version of this story misstated where Jared Gibson lives. He resides in Highland Park, Ill. Jared Gibson is a basketball fan, but he didn't attend the NBA ...

A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.

There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...

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 prior month, the Federal Reserve said Tuesday. That translates to a 1.2% ...

Mortgage debt is the primary driver behind rising credit balances Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of CreditGauge ...

China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order Friday from the ...

U.S. consumer borrowing rose by $13.09B in September, against the $10.50B increase expected and $3.13B growth in August (revised from $0.36B), according to data released by the Federal Reserve on ...