Consumer Debt

NY Fed Research Says Mortgage Forbearance Skews Credit Scores

NY Fed Research Says Mortgage Forbearance Skews Credit Scores
NY Fed Research Says Mortgage Forbearance Skews Credit Scores
June 08, 2021  |  Economy

The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. Get the Full Story Complete the form...

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NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
February 24, 2021  |  Economy

No two recessions are exactly alike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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CapOne Earnings Show Accelerated Digital Shift, Improving Credit Metrics
CapOne Earnings Show Accelerated Digital Shift, Improving Credit Metrics
January 26, 2021  |  Earnings

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...

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Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
May 04, 2020  |  Consumer Finance

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...

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CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

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...

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PayPal Lowers Installment Credit Threshold To $30 – $99 Purchases
PayPal Lowers Installment Credit Threshold To $30 – $99 Purchases
September 18, 2019  |  Alternative Credit

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...

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IPO-Bound Credit Sesame Raises $43M
IPO-Bound Credit Sesame Raises $43M
August 31, 2019  |  Investments

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)....

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Bringing Debt Management Into The Digital Age 
Bringing Debt Management Into The Digital Age 
July 24, 2019  |  Alternative Credit

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Get the Full...

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