Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Building in Washington that houses Fannie Mae headquarters. Photo: Andrew Harrer/Bloomberg News By Andrew Ackerman Close Andrew Ackerman Biography @amacker andrew.ackerman [email protected] Updated Aug. 25, 2020 4:49 pm ET WASHINGTON—Mortgage finance giants Fannie Mae and Freddie Mac will delay a…
You might think that right now is not a good time to make it easier for predatory lenders to take advantage of people and trap them…
PayPal Holdings says that it has begun taking action against for-profit educational institutions that have offered its consumer credit product in inaccurate or misleading ways. The…
A bipartisan group of Senators wrote to Federal Housing Finance Agency (FHFA) Director Mark Calabria last week to echo CUNA’s position that the Fannie Mae/Freddie Mac…
RankCompanyCityStateCredit card loans Mar 31Credit card loans Year earlierChangeTotal loans and leases TotalTotal loans and leases % Cards1Navy Federal Credit UnionViennaVa.$19,897,478$17,377,81714.5$83,058,52323.962Pentagon Federal Credit UnionMcLeanVa.1,620,8771,682,207-3.619,913,9718.143Boeing Employees Credit…
Debt consolidation can be a smart way to pay off debt in some cases. We have written before about specific debt consolidation strategies that you can…
Getty Images U.S. Secretary of Education Betsy DeVos today implemented President Trump’s memorandum extending relief on federally held student loans to borrowers through the end of…
Student debt is at an all-time high of $1.5 trillion. College is more expensive than ever as it is estimated the cost of tuition has raised…
“How do tradelines work?” It’s a question we hear all the time from people who are new to the tradeline industry. Perhaps you have even asked…
In a 9-3 vote earlier this month, the California Assembly Banking and Finance Committee approved legislation requiring a license for debt collectors and debt buyers, entitled…
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