Mar 9, 2022 | Federal Regulation, Financial Literacy, News
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....
Mar 4, 2022 | Financial Literacy, News
Spending and Saving Both on the Rise, According to Bank of America CEO Brian Moynihan, Bank of America CEO, recently revealed that American consumers are both spending more money and saving more money, noting that spending on the bank’s cards has increased as much as...
Feb 28, 2022 | Financial Literacy, News
Survey Finds 70% of Millennials and Bridge Millennials Living Paycheck to Paycheck A recent survey by PYMNTS and LendingClub found that while a portion of all generations are currently living paycheck to paycheck, the share of consumers who live that way is highest in...
Feb 21, 2022 | Financial Literacy, News
Slight Majority of Americans Have More Emergency Savings Than Credit Card Debt A recent Bankrate survey found that just 53 percent of Americans have more emergency savings than credit card debt, a number which is slightly down from 54 percent last year but still a...
Feb 16, 2022 | Financial Literacy, FinTech, News
Experian Announces Plans to Launch Buy Now Pay Later Bureau Experian recently announced plans to launch ‘The Buy Now Pay Later Bureau,’ a specialty bureau created to promote responsible and inclusive lending, which the company says it hopes will bring more...
Feb 7, 2022 | Financial Literacy, News
Experian Launches Program to Help “Credit Invisibles” Begin Building Credit Last month, Experian launched Experian Go, a free program to help “credit invisibles”—or consumers with no credit history—start to build credit profiles. Nearly 50 million consumers have a...
