Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The private student loan debt market has grown to US$102 billion with 1.4 million borrowers, according to a report by LendEdu. The average student loan debt was US$13,780 from 2016 to 2019, according to LendEdu’s database of about…
A disciplinary hearing into the conduct of a firm of attorneys that facilitates debt collection on behalf of several credit providers will be heard soon, according…
CEO Mark Begor testifies in Congress on March 7. He has said the company has sought to help consumers fix errors on their credit reports since…
In most cases, consumers use credit cards to borrow and sustain a positive balance for nearly a year, sometimes longer, according to a new Consumer Financial…
WASHINGTON– The Consumer Financial Protection Bureau has released a report that found that more than one-in-four consumers with a credit report have at least one debt…
Enlarge this image LA Johnson/NPR Most days, 25-year-old Chavonne can push her student loan debt to the back of her mind. Between short-term office jobs in…
In March, Apple revealed its first credit card: Apple Card, a thin slab of titanium that would provide shoppers with 3% cash back at Apple stores,…
About 40 million Americans had a credit card declined in the past year, according to a new report from CompareCards.com, a LendingTree company that helps consumers…
Credit card issuers are benefiting from accelerating spending growth by their US customers, the banking industry’s second-quarter results have shown. Companies from JPMorgan Chase and Capital…
In this podcast, we discuss the CFPB’s proposed requirement for a collector to communicate with a debtor before furnishing information about the debt to a consumer…
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