Ninety-two percent of Americans are "very or somewhat confident" in their most recent big financial decision - such as picking a credit card, buying a car or refinancing a mortgage, according to a survey by the National Foundation for Credit Counseling and NerdWallet. Collection & Credit Risk
A majority of small bank executives are concerned about the impact of new regulations on their mortgage lending business, according to an industry trade group. News
If you’re an older American and you’re having trouble with debt collectors, you’re not alone. Since July 2013, older Americans have submitted approximately 8,700 complaints to us about debt collection. We looked at these complaints and described the most common problems that consumers are experiencing in our snapshot of debt collection complaints submitted by older [...]
Americans pay three times more in medical debt to collection agencies than they pay for credit card and bank debt combined, according to a study by NerdWallet Health. Collection & Credit Risk
WASHINGTON -- The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates. Collections - Credit Card
You may have heard about virtual currencies like Bitcoin, XRP, and Dogecoin. But what are virtual currencies? What’s this “to the moon!” business on the internet about? And, as a consumer, what risks should you be aware of? While virtual currencies offer the potential for innovation, a lot of big issues have yet to be [...]
If you’re a student preparing to head back to campus, you may encounter offers from banks and other companies that promote debit cards, prepaid cards, bank accounts, and other products branded with your school’s name or logo. When your school makes a deal with a company to market a financial product, it’s important for you [...]
A new survey reveals that while 96% of parents still see the value of a college education, 85% are very or somewhat worried that student loan debt will affect their child's ability to buy a home, car or other large purchase after college. Collections - Other Consumer
WASHINGTON -- A battle over social media about how well the current housing finance system treats African-Americans and other minorities has spurred a critical discussion about racial disparities in the mortgage market. Collections - Other Consumer
