Survey Finds Buy Now Pay Later Users More Likely to Overdraft
Survey Finds Buy Now Pay Later Users More Likely to Overdraft A recent analysis of Morning Consult data found substantial overlap between consumers who overdraft their accounts and those who use “buy now, pay later” (BNPL) products. In January, 15 percent of all...
Federal Reserve Nominees in Limbo as Republicans Boycott Vote
Federal Reserve Nominees in Limbo as Republicans Boycott Vote Several of President Biden’s nominees to various agencies, including the Federal Reserve Board of Governors and Federal Housing Finance Agency, are being held up after Republicans on the Senate Banking...
CFPB Estimates $88 Billion in Medical Bills on Credit Reports
CFPB Estimates $88 Billion in Medical Bills on Credit Reports Last week, the Consumer Financial Protection Bureau (CFPB) released a report estimating that 43 million people had medical bills on their credit reports, with the total outstanding amount at $88 billion....

