Source: en.wikipedia.org
SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. The personal finance company has sued the U.S. Department of Education...
America’s auto debt hole is reportedly getting deeper for car buyers. A report Wednesday (March 1) by Bloomberg News finds that the auto industry is...
Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials...
Some unpaid medical bills will disappear from credit reports. But the hit and miss of collections will continue to hurt providers and patients. As has...
The American consumer still has some dry powder left when it comes to credit. But the revolving balances we’re carrying — and which increased into...
A strong labor market and pandemic relief programs helped consumers keep current on their bills. As a result, from 2018 to 2022, the total number...
Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. As The Wall Street Journal (WSJ) reported Monday...
Consumers are still spending, but the question remains: For how long? Recent earnings results from the payments networks — Visa, Mastercard and American Express —...