consumer finances

January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power

January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
February 12, 2025  |  Economy

It’s not just about the eggs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Consumers Use Credit to Plug Widening Gap Between Income and Spending
Consumers Use Credit to Plug Widening Gap Between Income and Spending
January 31, 2025  |  Consumer Finance

Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...

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CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB Warns Consumers of Rising Number of Credit Reporting Firms
January 30, 2025  |  CFPB

The CFPB has published its annual list of companies that collect and sell consumer data. Get the Full Story Complete the form to unlock this...

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Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
January 24, 2025  |  Payment Methods

When it comes to payments, the “set it and forget it” option certainly has its allure. Get the Full Story Complete the form to unlock...

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Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
January 23, 2025  |  Earnings

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as...

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American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
January 17, 2025  |  Legal & Regulation

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information...

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Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
January 17, 2025  |  Legal & Regulation

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to...

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CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
January 16, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk...

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