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Lenders Raise Approval Rates to Counter Lower Volume in 1Q

June 21, 2019CreditBy toptierfinancial

This post is a preview of what subscribers can expect from Powersports Finance Premium, our all-new hub for exclusive content. All further Premium posts will be exclusive to subscribers. Click here to learn more. With first-quarter powersports sales volume hamstrung … Continue reading →

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What California cities have the biggest credit card balances?

June 20, 2019CreditBy toptierfinancial

Who’s got the most credit-card debt in California? LendingTree, an online lender service, attempted to answer that by studying the aggregated finances of its customers in 165 larger California cities. Granted it’s one company’s client base — and those folks … Continue reading →

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California Is Considering Ending Criminal Court Fees and Wiping Out Billions in Debt

June 20, 2019CreditBy toptierfinancial

Susann Prautsch/Getty Three years ago, during Brandon Greene’s first week working as a lawyer in a new clinic affiliated with the East Bay Community Law Center, he was handed a stack of cases to review. Each involved a client who was struggling to pay down … Continue reading →

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Major Credit Card Debt Plagues 1 In 5 New Yorkers

June 20, 2019CreditBy toptierfinancial

NEW YORK — The denizens of Fifth Avenue may not be New York City’s only big spenders. Nearly one in five New Yorkers has a five-figure credit card balance, making the Big Apple one of the nation’s most debt-burdened cities, … Continue reading →

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7th Cir. Creates Split on Spokeo Standing, Rules in Favor of Defendant in FDCPA Disclosure Case

June 19, 2019CreditBy toptierfinancial

The U.S. Court of Appeals for the Seventh Circuit recently affirmed a trial court’s ruling that a debtor lacked Article III standing to sue a debt collector for failing to notify her in its debt validation letter that to trigger … Continue reading →

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Are you in the middle class? Here’s one way to know your status

June 17, 2019CreditBy toptierfinancial

What does it mean to be middle class today? It could mean whether you have access to affordable credit in a pinch, Republic reporter Russ Wiles says. Diana Payan, The Republic | azcentral.com Like many Americans, Chris Gray got into … Continue reading →

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Half of Americans Aren’t Taking Advantage of This Smart Way to Pay Off Debt

June 17, 2019CreditBy toptierfinancial

Nearly everyone carries some form of debt, whether it’s a mortgage, student loan, car loan, or credit card debt.  However, not everyone fully understands how their debt affects their finances — or whether they’re in debt at all. A survey … Continue reading →

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Elizabeth Warren to introduce bill cancelling up to $50,000 in student debt for most borrowers

June 16, 2019CreditBy toptierfinancial

Elizabeth Warren’s proposal to cancel student debt will soon be one step closer to reality — even if she doesn’t become president. The Democratic Senator of Massachusetts plans to introduce legislation in the coming weeks that mirrors her presidential campaign … Continue reading →

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32% Of People Filing For Personal Bankruptcy Carry Student Loan Debt

June 15, 2019CreditBy toptierfinancial

The student loan debt crisis in America continues to get uglier. According to a new LendEDU study, 32% of consumers filing for Chapter 7 bankruptcy carry student loan debt. Of that group, student loan debt comprised 49% of their total … Continue reading →

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Amazon Credit Builder is a play for low-income Americans

June 14, 2019CreditBy toptierfinancial

Amazon needs more shoppers, so it’s giving people another way to pay. This week, Amazon announced Amazon Credit Builder, a special credit card for US customers who need to build (or rebuild) their credit history. It’s available to US residents … Continue reading →

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Recent Posts

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