Oct 17, 2024 | Financial Literacy, News
Consumer Delinquency Expectations Reach Highest Level Since April 2020 In September, U.S. consumers’ delinquency expectancy increased for the fourth month in a row to reach its highest number since April 2020, according to a recent press release regarding the Survey...
Oct 15, 2024 | Financial Literacy, News
Nearly 8 in 10 Millennials and Gen Z Get Financial Advice from Social Media According to a recent PYMNTS Intelligence report, titled “The New Challenges Facing Finance: Algorithms, Finfluencers and the Quest for Reliability,” 79 percent of millennial and Gen Z...
Oct 9, 2024 | Federal Regulation, News
CFPB Issues Warning to Medical Debt Collectors The Consumer Financial Protection Bureau (CFPB) has started crafting a bill that would bar the reporting of medical debt on consumer credit reports, part of a broader push by the agency against medical debt. The CFPB has...
Oct 3, 2024 | Congressional Legislation, Federal Regulation, News
Senate Democrats Ask CFPB to Enact Stricter Guardrails for BNPL Providers Several Senate Democrats wrote a letter to the Consumer Financial Protection Bureau (CFPB) urging the agency to establish stricter guidelines for buy now, pay later (BNPL) lenders and arguing...
Oct 1, 2024 | Federal Regulation, News
California Enacts Package of Consumer Protection Bills Last week, California enacted a package of consumer protection laws, including three bills aimed at restricting debt collection practices surrounding civil actions for money judgments, commercial debt collection,...
