credit scores

CFPB: Medical Bills Plague Lower-Income Americans 
CFPB: Medical Bills Plague Lower-Income Americans 
April 29, 2024  |  CFPB

New government data shows 15 million Americans still have medical bills on their credit reports. That’s according to the Consumer Financial Protection Bureau (CFPB), which notes that...

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Digital Platforms Elevate Renters’ Personal Finance Game
Digital Platforms Elevate Renters’ Personal Finance Game
April 25, 2024  |  Consumer Finance

Digital platforms are transforming the personal finance landscape for renters by emphasizing the importance of leveraging nuanced insights derived from rental payment data, a facet...

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Why Unexpected Expenses Are Especially Harmful for the Credit-Marginalized 
Why Unexpected Expenses Are Especially Harmful for the Credit-Marginalized 
April 24, 2024  |  Consumer Finance

Unexpected expenses can pack a financial punch for any consumer, but for those who are already dealing with credit-related issues, the blow can be especially...

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IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
April 16, 2024  |  Personal Finance

Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of...

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OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
April 11, 2024  |  Financial Inclusion

This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take...

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Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
February 22, 2024  |  Personal Finance

According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%.  Conventional wisdom suggests a post-holiday season decline in sales would...

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Unexpected Expenses Hurt 30% of Consumers’ Credit Scores
Unexpected Expenses Hurt 30% of Consumers’ Credit Scores
January 03, 2024  |  Personal Finance

Unexpected expenses continue to present a significant financial strain for consumers in an already challenging economic landscape. With dwindling savings and persistent economic difficulties, individuals...

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Most Consumers Opt Out of Credit Cards to Avoid Accumulating Debt
Most Consumers Opt Out of Credit Cards to Avoid Accumulating Debt
December 28, 2023  |  Credit Cards

In a world where managing finances has become a challenge, it is important to explore strategies to avoid accumulating debt and prevent overspending. An effective...

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Nearly Two-Thirds of Struggling Consumers Revolve Credit Card Balances
Nearly Two-Thirds of Struggling Consumers Revolve Credit Card Balances
December 19, 2023  |  Consumer Finance

The holiday season has offered little reprieve from the rising prices of goods and services still weighing on consumers’ wallets. Many consumers use credit cards...

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