Low mortgage rates have helped push U.S. mortgage debt to the highest level ever. In the second quarter of 2019, Americans’ mortgage balances totaled $9.4 trillion, $162 billion more than the previous quarter, according to data released Tuesday by the … Continue reading →
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Kelly Gooch – Wednesday, August 14th, 2019 Print | Email The Consumer Financial Protection Bureau has extended the comment period for its proposal that would change rules for collecting debt, including medical debt. The bureau said it is extending the comment … Continue reading →
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Monday, August 12, 2019 The New York Department of Financial Services (NYDFS) has issued proposed regulations to implement the legislation enacted in April 2019 that requires servicers of student loans to be licensed, imposes servicing standards, and prohibits certain practices. On July 31, the NYDFS … Continue reading →
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Siouxland Public Media Newscast, 4:32, 08.12.19 A legislative committee has delayed a portion of new sports gambling rules that would allow the state to collect some the winnings of those who owe child support, back taxes or criminal debt. The … Continue reading →
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Boat loan delinquencies have declined since 2012. The National Marine Lenders Association has released its annual marine finance study for the U.S. market. The 2019 Annual Statistical Report gave an encouraging picture of marine finance trends for 2018. The association … Continue reading →
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It pays to shop around to find which companies still offer the best perks. Getty Images By Lisa Gerstner, Contributing Editor August 1, 2019 From Kiplinger’s Personal Finance For years, credit card issuers have been trimming benefits. In the newest … Continue reading →
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High fees can make branded cards a bad deal. Getty Images By Sabrina Medler, Intern August 1, 2019 From Kiplinger’s Personal Finance When students start school this fall, they should study the fine print before signing up for a debit … Continue reading →
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Thursday, August 1, 2019 In a notice to be published in tomorrow’s Federal Register, the CFPB is extending the comment deadline for its proposed debt collection rules until September 18. The proposal’s initial 90-day comment period was set to expire on August … Continue reading →
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It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the 25 years the Federal Reserve has made the calculation, the Financial Times reported on Tuesday … Continue reading →
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The Apple credit card is here. But unless you really value convenience of paying with your phone, you might find better perks elsewhere. Five months after the initial announcement, the Apple credit card made its official debut Tuesday — at … Continue reading →
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