The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that would ban medical bills from credit reports. The proposed rule would stop credit reporting companies...
The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. In the decades since,...
New government data shows 15 million Americans still have medical bills on their credit reports. That’s according to the Consumer Financial Protection Bureau (CFPB), which notes that...
Digital platforms are transforming the personal finance landscape for renters by emphasizing the importance of leveraging nuanced insights derived from rental payment data, a facet...
Unexpected expenses can pack a financial punch for any consumer, but for those who are already dealing with credit-related issues, the blow can be especially...
Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of...
This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take...
According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%. Conventional wisdom suggests a post-holiday season decline in sales would...
Unexpected expenses continue to present a significant financial strain for consumers in an already challenging economic landscape. With dwindling savings and persistent economic difficulties, individuals...