The Bank of Mom & Dad (BOMD) isn’t just a sitcom line. One analysis found that parents lent their kids a collective $47 billion in...
Contrary to conventional wisdom, having good credit, an excellent FICO score, and financial stability may still not be enough for many consumers to take out...
The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. That means forbearance programs are due for...
No two recessions are exactly alike. But this time around, with the light at the end of the pandemic tunnel as vaccines are rolling out,...
Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In...
Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in...
Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...
Consumers now have a range of promotional financing deals to choose from the online payments system PayPal that provides zero-interest installment loans to cover the...
As U.S. household debt climbs, financial health startup Credit Sesame has raised $43 million ahead of its planned IPO, as reported on Friday (Aug. 30)....