Source: en.wikipedia.org
The Consumer Financial Protection Bureau (CFPB) has reversed course about debt collection, and, as The American Banker noted, “in a big win for third-party debt...
Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...
Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s...
Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they...
Not everyone wants to use credit cards to grab miles in the sky while debt accrues on the ground. Netspend and United Airlines are linking...
Starting a new business can be a long, arduous and daunting road for anyone in today’s fast-paced and ever-changing society. One of the biggest hurdles...
Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...
The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...
Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...