consumer credit

New Data: Financially Strapped Consumers Move to Credit Card Alternatives

New Data: Financially Strapped Consumers Move to Credit Card Alternatives
New Data: Financially Strapped Consumers Move to Credit Card Alternatives
February 05, 2025  |  Consumer Finance

Consumers can’t spend money they don’t have, and right now, many are running out of cash. Get the Full Story Complete the form to unlock...

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Enova Sees ‘Stable’ Nonprime Consumer Credit, Small Business Trends
Enova Sees ‘Stable’ Nonprime Consumer Credit, Small Business Trends
February 04, 2025  |  Earnings

Enova International’s fourth quarter growth — with double-digit gains in loan originations and revenues — showed strength across small business demand and lending to consumers. Get...

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CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB Warns Consumers of Rising Number of Credit Reporting Firms
January 30, 2025  |  CFPB

The CFPB has published its annual list of companies that collect and sell consumer data. Get the Full Story Complete the form to unlock this...

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Ally Sells $2.3 Billion Credit Card Business to CardWorks
Ally Sells $2.3 Billion Credit Card Business to CardWorks
January 22, 2025  |  Partnerships

Ally Financial has sold its credit card business to consumer finance company Cardworks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025  |  Banking

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping...

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CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
January 16, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk...

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TransUnion Expands in Mexico With $560 Million Buro de Crédito Deal
TransUnion Expands in Mexico With $560 Million Buro de Crédito Deal
January 16, 2025  |  Partnerships

TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million. Get the Full Story Complete the form to unlock this article and...

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Report: JPMorgan Veteran Ed Olebe to Lead Wells Fargo’s Credit Card Business
Report: JPMorgan Veteran Ed Olebe to Lead Wells Fargo’s Credit Card Business
January 09, 2025  |  Personnel

Wells Fargo has reportedly hired the former head of JPMorgan Chase’s branded credit card business, Ed Olebe, to lead its own credit card business. Get the Full Story...

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