Consumer Borrowing Gains Again After April Surge
Overall U.S. consumer borrowing, including credit card borrowing, increased in May - primarily the result of Americans taking out more loans to buy cars. Collections - Credit Card
Consumer Lawsuits Claim Banks Helped Payday Lenders Break Law
Banks have started to rid themselves of ties to industries that regulators deem unsavory, from pornography to gun sales to payday loans. Collections - Other Consumer
Consumer Credit Soars on Credit Card Use
Consumers increased their borrowing in April, with growth in credit card debt rising at the fastest pace in more than a dozen years. Collections - Credit Card
Gains Expected in Consumer Borrowing Report
The Federal Reserve's April report on consumer borrowing, to be released late in the day Friday, is expected to show borrowing rose by $ 15.6 billion in April. Collections - Credit Card
Join us for a forum to discuss consumer issues for veterans
We’re hosting an online forum on veteran consumer issues on Friday, May 9 at 2 p.m. EDT. The event will focus on common consumer issues for veterans and military retirees. Highlights will include a review of tools that can help veterans capitalize on key benefits and information that can help them avoid consumer scams. Whether [...]
Save the date: Join us for a Consumer Advisory Board meeting in Reno, Nevada
Join us for a Consumer Advisory Board meeting on Wednesday, June 18 with Director Cordray where we will discuss trends and themes in the mortgage market and new resources available to consumers looking to buy a home. Truckee Meadows Community College 7000 Dandini Blvd. Reno, NV 89512 Director Cordray will give remarks and our Consumer [...]
Consumer advisory: 3 things to keep your retirement plan on track
Compared to a decade ago, there are fewer older homeowners who own their homes free and clear. Older homeowners are also carrying more mortgage debt. While the share of older homeowners with a mortgage increased from 22 to 30 percent between 2001 and 2011, the median amount of their mortgage debt grew from about $ [...]
Consumer Borrowing Posts Largest Jump in a Year
Consumer borrowing in March rose by the most in a little more than a year as Americans used credit cards more often while also taking out school and auto loans, the Federal Reserve reported Wednesday. Collections - Credit Card
