Practical notes for a stronger file.

Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.

CFPB Report Examines Credit Card Debt Decline

A Consumer Financial Protection Bureau (CFPB) report maintains credit card debt fell to $811 billion by the second quarter of 2020, from a peak of $926…

Minorities hit hardest by student loan debt

Student loan debt affected people’s ability to pay their bills and meet their basic needs during the Great Recession – and the burden of that debt…

Record number of credit cards opened in June

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…

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