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...
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...
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 —...
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...