Supreme Court Opts to Hear CFPB Funding Case
Supreme Court Opts to Hear CFPB Funding Case On Monday, the Supreme Court of the United States announced its long-awaited decision to hear a landmark case in its next term, Consumer Financial Protection Bureau (CFPB) v. Community Financial Services Association of...
CFPB Accuses Big Credit Card Companies of Hurting Consumer Credit Scores by Failing to Report Payments
CFPB Accuses Big Credit Card Companies of Hurting Consumer Credit Scores by Failing to Report Payments The Consumer Financial Protection Bureau (CFPB) has accused the six largest credit card companies in the U.S. of hurting their customers’ credit scores by failing to...
NY Fed: U.S. Credit Card Balances Reach Nearly $1 Trillion
NY Fed: U.S. Credit Card Balances Reach Nearly $1 Trillion The New York Fed’s Household Debt and Credit Report found that credit card balances rose to a record high of $986 billion in the fourth quarter of 2022 amid high prices and consistent consumer spending. Total...
