The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be ...
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 ...
WSJ Heard on the Street editor Aaron Back explains why investors are alarmed by President Trump’s rhetoric on the economy and trade. Photo: Josephine Chu American consumers and their credit cards have ...
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 ...
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.
Experian, one of the nation’s largest credit bureaus, was sued Tuesday by the Consumer Financial Protection Bureau for allegedly improperly handling consumer disputes, which could lead to lower credit ...
The US has a "super-duper" credit bubble on its hands as "YOLO spenders" take on massive debt, David Rosenberg said. US household savings are quite low at 3.7%, while consumer spending bulged by $208 ...
Even as unemployment remains historically low and recession fears fade, consumer credit scores are starting to buckle. The national average FICO score dipped to 717 as of October, down from 718 in ...
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