Oct 2, 2020 | Federal Regulation, Financial Literacy, News
CFPB Issues Report on Perceived Financial Preparedness, Security, and Saving A recent report from the Consumer Financial Protection Bureau (CFPB) examines the relationship between saving money and more objective measures of consumers’ financial situations, like...
Sep 28, 2020 | Federal Regulation, News
Boston Fed Chief Warns of U.S. Credit Tightening, Calls for More Fiscal Relief The United States economy could encounter more business bankruptcies and foreclosures in the coming months if there is an increase in COVID-19 cases and no additional fiscal aid, according...
Sep 14, 2020 | Federal Regulation, News
California Legislature Passes Bills Requiring Debt Collectors to Obtain Licenses The California legislature has now passed a third piece of legislation related to the consumer financial services industry, SB 908, which establishes new licensure requirements for debt...
Sep 9, 2020 | Federal Regulation, News
Fed Survey Reports Widespread Uncertainty About U.S. Economic Future A recent Federal Reserve report, known as the Beige Book, found that while economic activity was on the rise in August 2020, there is widespread uncertainty about the economic future of the United...
Sep 7, 2020 | Federal Regulation, News
CFPB Report Examines Early Impact of Pandemic on Consumer Credit Last month, the Consumer Financial Protection Bureau (CFPB) issued a report analyzing the early effects of the coronavirus pandemic on consumer credit. Focusing on mortgage, auto and student loans, and...
Aug 28, 2020 | Federal Regulation, Financial Literacy, News
CFPB Report Examines How Servicemembers Build Credit Histories Last month, the Consumer Financial Protection Bureau (CFPB) released a report showing how credit records progress with military service for active duty servicemembers aged 18 through 24. It analyzes...
