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…
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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….
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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…
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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…
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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…
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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…
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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…
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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…
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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….
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Managing Money: ‘Everyone’s Responsibility’
Especially when the economy at large faces a downturn, consumers struggle to bounce back from…
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Elder Fraud on the Rise
Financial institutions are reporting an increasing number of suspicious activities involving financial abuse targeting older…
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CFPB Prompts Americans to ‘Start Small, Save Up’
The Consumer Financial Protection Bureau (CFPB) announced a new “Start Small, Save Up” initiative this…
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U.S. Consumer Confidence Jumps as Current Views Hit 18-Year High
U.S. consumer confidence improved in February, topping all forecasts and snapping a three-month losing streak,…
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AFSA’s installment lending executives visit Capitol Hill
CashCo President Julie Ausland, CEO Michael Rosenberg and Sr. Management Trainee Adam Rosenberg joined 22…
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Optimism About Personal Finances Hits 16-year High: Gallup
Americans are now more upbeat about their personal finances than they have been in 16-plus…
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Scamming Grandma: Financial Abuse of Seniors Hits Record
U.S. banks reported a record 24,454 suspected cases of elder financial abuse to the Treasury…
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Consumers Lack Confidence in the Car Buying Process, Study Finds
As car buyers start their search for year-end deals, Capital One Auto Finance has released a study…
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17% of Americans Hit by Fraudulent Bank Account Activity
As many as 17% of consumers experienced fraudulent bank account activity in 2017, up moderately…