According to a study of more than 400,000 Sallie Mae clients, including borrowers’ credit scores in bill statements can boost […]
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Oregon Requires Consumers to Repay Title, Payday Loans Before Lender Makes New Loan
Oregon’s governor has signed a bill that bans title loan and payday companies from making a new loan to a […]
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Older Americans Had a 40-Point Drop in Their Credit Score in the 10 Years Since the Great Recession
A decade after the housing market collapsed, some borrowers’ credit scores still have not recovered. New data from Experian shows […]
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Consumers Still Wary of Risk, 10 Years After Recession
About 70 percent of Americans feel financially secure today, up from 47 percent 10 years ago, research finds. Nearly 90 […]
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Most Consumers Overestimate What It Takes to Get a Mortgage
A recent Fannie Mae survey finds most consumers believe that obtaining a mortgage requires a higher credit score and larger […]
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Oregon Enacts New Vendor Data Breach Notification Requirements
Oregon Gov. Kate Brown has signed a bill that requires vendors, service providers, and other third parties that store consumer […]
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Commentary: Revisiting Small Loans Rules Crucial to Maintaining Access to Credit for Vulnerable Consumers
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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