Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
A Lowell contractor plans to lay off 250 workers as one of its largest deals dries up because of the coronavirus pandemic. Business significantly slowed for Central Research Inc. (CRI) when the U.S. Department of Education put a…
The CFPB announced that it has entered into a proposed settlement with several of the defendants in the lawsuit it filed in January 2020 in a…
The Consumer Financial Protection Bureau (CFPB) this week released a statement and frequently asked questions (FAQs) document outlining the responsibility of credit card issuers and open-end…
Before the last U.S. economic crisis, banks were well positioned to anticipate an imminent spike in consumer loan defaults. The mortgage market’s implosion materialized gradually in…
The auto industry was already facing financial headwinds. But new challenges courtesy of the coronavirus may take auto manufacturers and suppliers years to overcome, says a new…
Tim Boyle/Getty Images Consumers are using more debit cards compared to the other high-end option of credit as a result of the coronavirus pandemic, Visa has…
Saul Loeb/CNP/ZUMA For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters. House Democrats’ second emergency relief bill offers a welcome soft…
Corporate debt is another ticking time bomb for the U.S. economy. Nearly 100 major corporations have filed for bankruptcy. More companies are under significant financial pressure…
Wednesday, June 3, 2020 Wow, another big day for the TCPAWorld in the Ninth Circuit, as the appellate court, on top of the confirmation of the…
Protests in Washington, D.C. on May 30, 2020. Source: Shutterstock. Credit union leaders said they are committed to becoming part of the change in order to…
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