Nevada Financial Regulators Move Forward With Database for Short-Term Lenders
Nevada Financial Regulators Move Forward With Database for Short-Term Lenders Members of Nevada’s Financial Institutions Division recently approved draft regulations clarifying details of a statewide database for short-term, high interest payday loans. The regulations...
CFPB Quarterly Trends Report Explores Prevalence of Payment Information in Consumer Credit Reporting
CFPB Quarterly Trends Report Explores Prevalence of Payment Information in Consumer Credit Reporting Last month, the Consumer Financial Protection Bureau (CFPB) released its most recent consumer credit trends report, examining the rates of actual payment information...
Growth in Consumer Credit Use Slows as Balances Continue to Decline
Growth in Consumer Credit Use Slows as Balances Continue to Decline Recent data released by the Federal Reserve show that as the COVID-19 pandemic has continued its trend of limited consumer purchases and declining credit card balances, U.S. consumer credit growth has...
