Banks issued 42 percent more credit cards in the first six months of 2021 compared with the same period in 2020, including a record-high 6.93 million in June 2021, according to a recent Equifax report. Credit card originations started out … Continue reading →
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Medical debt can affect your credit score, which is a key part of car buying. Your credit score can determine many aspects of car buying, including how much you qualify for and the type of lender you can work with. … Continue reading →
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Student loan forgiveness won’t be available to everyone, but this plan is available now. Here’s what you need to know. Student Loans Student loan forgiveness may be on the mind of student loan borrowers, but it probably won’t happen — … Continue reading →
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Equifax and Prosper Marketplace Inc. were sued Thursday in Georgia Northern District Court for claims under the Fair Credit Reporting Act. The court case was filed by Armor Law and Berry & Associates on behalf of Sherri Lynn Haase. Counsel … Continue reading →
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Credit card heavyweights, which long showed little angst about buy now/pay later competitors, are starting to acknowledge the need to match the offers from those upstart firms. In recent days, a few major card issuers have either announced new BNPL … Continue reading →
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In the past, older households were more likely to retire debt free with a paid-off mortgage. Those days are over. Student loan debt for older adults, their children, and their grandchildren has been rising for decades. Debt undermining retirement security … Continue reading →
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Ailan Evans Facebook is spending $100 million to buy up the outstanding invoices of small businesses owned by women, racial minorities, veterans, disabled people, and LGBTQ+ people, the company announced last week. The Invoice Fast Track Program allows certain “small, midsize, and … Continue reading →
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Credit union regulators hoping to set ground rules for the use of blockchain technology and digital assets have asked the industry to comment on how such technology is used today. So far, the response has been underwhelming. The National Credit … Continue reading →
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The September 2021 DFPI Bulletin focuses on mandatory reporting requirements for mortgage servicers, new rules for NMLS transition and PACE administrators and debt collector licensing, among other topics. Editor’s note — The California Department of Financial Protection and Innovation (DFPI, formerly the … Continue reading →
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Monterey is proud to bring Continental Central Credit customers to their fold and provide them with cutting edge technology for accelerated debt recovery OCEANSIDE, Calif., Sept. 7, 2021 /PRNewswire/ — Monterey Financial Services and Continental Central Credit are both distinguished … Continue reading →
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