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CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
April 15, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) has written a letter in support of a Connecticut bill that would prohibit healthcare providers in the state from reporting medical debt...

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Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
March 25, 2024  |  Personal Finance

Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash...

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Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
January 24, 2024  |  News

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as...

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Safeguarding Personal Information Key to Banking Subprime Consumers
Safeguarding Personal Information Key to Banking Subprime Consumers
January 12, 2024  |  Banking

As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions...

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Nearly Half of 2023’s Paycheck-to-Paycheck Consumers Had Super-Prime Credit Scores
Nearly Half of 2023’s Paycheck-to-Paycheck Consumers Had Super-Prime Credit Scores
December 19, 2023  |  Consumer Finance

Many people are resorting to credit cards to navigate difficult financial times, especially as the rising prices of goods and services continues to weigh on...

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Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
December 18, 2023  |  Credit Cards

Card delinquencies and charge-offs offer evidence of the struggles of meeting current obligations. They can also be a harbinger of spending slowdowns in the future....

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NerdWallet Launches Secured Credit Card and Credit-Building Features
NerdWallet Launches Secured Credit Card and Credit-Building Features
October 26, 2023  |  Credit Cards

Financial guidance platform NerdWallet has launched its first credit card. The new NerdUp is a secured credit card that is designed to help consumers build and improve...

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CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. This move is intended to provide financial...

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Financially Distressed Consumers More Open to Payment and Banking Innovations
Financially Distressed Consumers More Open to Payment and Banking Innovations
September 06, 2023  |  Credit Unions

Subprime account holders may be driven toward banking innovations in their quest for financial wellness. It’s difficult enough to tread water as a consumer with subprime...

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