consumer credit

Key Takeaways From Fed As Consumer Credit Pace Moderates In June
Key Takeaways From Fed As Consumer Credit Pace Moderates In June
August 08, 2018  |  Consumer Finance

The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from...

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Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
July 27, 2018  |  Earnings

Discover Financial Services Inc. reported an increase in second quarter earnings as the credit card issuer had strong loan and revenue growth — and also...

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Why Household Finances Under The Hood Don’t Look So Good
Why Household Finances Under The Hood Don’t Look So Good
July 23, 2018  |  Payments Innovation

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us...

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Equifax Buys DataX To Close Credit Reporting Gap
Equifax Buys DataX To Close Credit Reporting Gap
July 17, 2018  |  Partnerships / Acquisitions

Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. As part of the...

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Consumer Debt Increases In May
Consumer Debt Increases In May
July 10, 2018  |  Consumer Finance

New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway...

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. The findings, contained...

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Changing The Direction Of Debt Collection
Changing The Direction Of Debt Collection
March 27, 2018  |  Alternative Finances

Debt collectors are historically an unpopular group of people. Even the Bible has shade to throw their way. (Debt collectors, Biblically speaking, share a category...

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Credit Reporting Firms To Omit Tax Liens From Consumer Reports
Credit Reporting Firms To Omit Tax Liens From Consumer Reports
March 23, 2018  |  Loans

In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they...

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Consumer Credit Hit Record $27.95B In November
Consumer Credit Hit Record $27.95B In November
January 09, 2018  |  Consumer Finance

New data from the Federal Reserve shows that outstanding consumer credit rose by $27.95 billion in November from the previous month, the largest increase in...

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