Nearly 8 in 10 Millennials and Gen Z Get Financial Advice from Social Media
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...
CFPB Issues Warning to Medical Debt Collectors
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...
Senate Democrats Ask CFPB to Enact Stricter Guardrails for BNPL Providers
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...
