Bank of America’s fourth quarter earnings, released Thursday (Jan. 16) indicated continued momentum in the digital shift that has now resulted in 61% of its...
The promise of eliminating medical debt from credit reports — per the finalized rule from the Consumer Financial Protection Bureau (CFPB) — is that consumers’...
November’s stats from the Federal Reserve on consumer credit — known as the G.19 report — show a reversal from recent months, where households kept...
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. The company will lay off less than 5% of its...
Medical debt will no longer appear on consumers’ credit reports under a new government rule. The Consumer Financial Protection Bureau (CFPB)’s newly-finalized regulation, announced by the White House Tuesday...
More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities....
New Federal Reserve data shows American consumers’ credit card debt continuing to climb. The data, released Friday (Dec. 6), showed U.S. consumer credit climbing from...
Consumers are borrowing more on their credit cards — just to pay the monthly bills. And as financially struggling consumers move toward hitting their spending...
MoneyLion’s third-quarter results showed double-digit growth in customers and revenues as individuals gravitated to what the FinTech’s management termed the company’s “digital ecosystem” for personal...