Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The new policy affects the data used in credit score calculations, so it...
The jobs numbers are in, and they seem strong enough to seal the deal on a rate hike via the Federal Reserve as early as this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
LendingHome, the San Francisco mortgage company, is aiming to expand its market for loans by going after first-time homebuyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
In the latest salvo in the legal wrangling between the Trump administration and the Consumer Financial Protection Bureau (CFPB), the Justice Department has signaled that it will embrace the argument laid out by PHH Corp. that the CFPB is unconstitutional. Get the Full Story Complete...
Will the horse that pulls the cart be strong enough to keep both from being stuck in a rut? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Credit card receivables, otherwise known as outstanding debt, surpassed $1 trillion in the U.S. at the end of 2016, according to a new report from The Nilson Report, the credit card and mobile payment trade publication. Get the Full Story Complete the form to unlock...
One of the most egregious types of loan debts in the country are student loan debts. According to the Federal Trade Commission (FTC), the largest growing segment of the debt collection industry belongs to those choosing to further their education. In this population of people...
Anyone who has taken their car to the mechanic or had a medical emergency knows how easy it can be to walk out owing $1,500 or more. And a new report shows how that debt can turn into a real strain for many American families —...
Corporate earnings season marches onward. The stock markets stand near new highs. The mood may be mixed as to what just will happen to companies in a Trump administration, in terms of taxes, health care costs and materials costs in the event of a trade...
