consumer finances

CFPB Calls for Further Research Into BNPL’s Impact on Financial Health

CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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57% of Consumers Received Financial Advice in 2023
57% of Consumers Received Financial Advice in 2023
January 13, 2025  |  Consumer Insights

Rising inflation and stagnant incomes are forcing many Americans to reconsider their financial stability, prompting a surge in demand for personal finance advice. Economic headwinds...

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November Issuer Data Extends Trend of Rising Credit Card Charge-Offs
November Issuer Data Extends Trend of Rising Credit Card Charge-Offs
December 17, 2024  |  Consumer Finance

Securities and Exchange Commission (SEC) filings from several card issuers offer up a mixed portrait of the U.S. consumer in November. Get the Full Story...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. Get the Full Story Complete the form...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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Only 4% of US Households Are Unbanked
Only 4% of US Households Are Unbanked
November 12, 2024  |  Consumer Insights

The percentage of households in the United States that are unbanked declined to a record low in 2023. Get the Full Story Complete the form...

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SoFi Adds Credit Cards Focused on Rewards and Credit Scores
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
October 09, 2024  |  Credit Cards

SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. Get the Full Story Complete the form to unlock...

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CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
September 20, 2024  |  BNPL

Perhaps the most frequently asked question that will come in the wake of the Consumer Financial Protection Bureau’s (CFPB’s) publication of a “frequently asked questions”...

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