In considering reforms to the small-dollar loan industry, lawmakers must tread carefully to avoid limiting credit access for the most […]
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Small Mortgages Are Getting Harder to Come By
Attom Data Solutions reports that small mortgages are becoming scarcer for low- and middle-income homebuyers. The real estate firm estimates […]
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CFPB Accuses Two of the Nation’s Largest Credit Repair Companies of Tricking and Cheating Customers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against CreditRepair.com and Lexington Law for allegedly violating the Telemarketing […]
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Boomerang Buyers: More People Who Lost Homes During Housing Crisis Are Buying Again
More people who lost homes to foreclosure or short sale during the housing crisis may be looking to buy again […]
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Millennials and Gen Z Have Lowest Credit Scores of Any Generation
Millennials have some of the worst credit ratings, a new Experian report finds. FICO scores averaged 665 in the fourth […]
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More Than 1 in 3 Americans Don’t Realize How They’re Affected by Bad Credit
A consumer poll by U.S. News & World Report found that 34 percent of Americans were unaware of how a […]
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Prepaid Card Users Get Protection Guarantee
A Consumer Financial Protection Bureau mandate kicked in this week, compelling prepaid card issuers to offer the same basic protections […]
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Chase Launches Low-Cost Accounts To Win Unbanked Consumers
The percentage of unbanked people in the U.S. recently fell to the lowest rate since the 2007-2009 financial crisis, but […]
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Loans Get Cheaper for Some
Borrowing costs have trended lower for some U.S. consumers in recent months, especially home buyers. Average interest on a 30-year, […]
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Managing Money: ‘Everyone’s Responsibility’
Especially when the economy at large faces a downturn, consumers struggle to bounce back from financial mistakes. Automotive lenders and […]
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