Sep 29, 2017 | News
Projections based on recent and historical credit card trends by WalletHub, a credit monitoring service, found that Americans added $33 billion in credit card debt over the second quarter of 2017. By the end of the year, WalletHub projects an additional $60 billion in...
Sep 29, 2017 | News
Speaking to a fintech conference at the Federal Reserve Bank of Philadelphia earlier this week, Acting Comptroller of the Currency Keith Norieka informed attendees that the Consumer Financial Protection Bureau’s (CFPB) recently published arbitration rule would...
Sep 27, 2017 | News
A newly published survey by the Consumer Financial Protection Bureau (CFPB) finds that 43% of consumers struggle to pay bills each month. The study, titled “Financial Well-being in America,” is a survey of more than 6,000 people across the United States in an attempt...
Sep 27, 2017 | News
On the heels of news that Equifax, a credit bureau, had sensitive information for more than 143 million Americans stolen in a massive security breach, the Director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, announced the big 3 credit...
Sep 26, 2017 | News
The Federal Reserve’s Office of the Inspector General (OIG), which also oversees the Consumer Financial Protection Bureau (CFPB), published two separate reports late last week on the CFPB’s supervisory and enforcement divisions. The first report reviewed the Bureau’s...