Consumer Finance

Consumer Finance
Rehearing Of PHH Vs. CFPB Looms As Trump Admin To Join PHH Argument
March 07, 2017

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...

Consumer Finance
US Economy Slows, Consumer Spending No Tailwind?
February 28, 2017

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...

Consumer Finance
2016 US Credit Card Debt Topped $1T
February 17, 2017

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...

Consumer Finance
FTC Settles With Student Loan Debt Collector For $700K
February 15, 2017

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...

Consumer Finance
Report Finds Finances Impact Physical, Emotional Health
February 14, 2017

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 —...

Consumer Finance
Labor And The Costs Of Doing Business
February 08, 2017

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...

Consumer Finance
Common Cents And MetLife Foundation Unveil Annual Report
February 08, 2017

Setting and sticking to a budget is a difficult task. But thanks to strides made in financial technology, consumers now have the ability to automate practically any bill payment, as well as a plethora of financial planning tools. However, budgeting can remain a challenge. Get...

Consumer Finance
Baby Boomers Vs. Millennials: Eerily Similar?
February 07, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Consumer Finance
VantageScore Takes Issue With WSJ Story On Credit Scoring Sector
February 07, 2017

VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry “contained a number of faulty statements.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...