CFPB Report States Most Frequent Consumer Debt Collection Complaints Last Year Were Attempts to Collect Debts That Were Not Owed
CFPB Report States Most Frequent Consumer Debt Collection Complaints Last Year Were Attempts to Collect Debts That Were Not Owed The Consumer Financial Protection Bureau’s (CFPB) annual Fair Debt Collection Practices Act report stated that in 2023, the most frequent...
Loan Delinquencies Beginning to Level Off
Loan Delinquencies Beginning to Level Off Bankers and industry analysts recently said that U.S. consumers’ late payments on credit cards and other loans have leveled off in recent months after rising earlier this year. Delinquency rates fell to just over 2 percent in...
Study Finds 7 in 10 US Consumers Stressed About Personal Finances
Study Finds 7 in 10 US Consumers Stressed About Personal Finances A recent PYMNTS Intelligence report, “No-Wait Wages: Leveraging Instant Payments to Boost Employee Satisfaction,” found that 70 percent of U.S. consumers feel stressed about their personal finances,...
