Source: en.wikipedia.org
European regulators are targeting lenders as they look to protect consumers from excessive debt. In various guises across the continent, borrowing is on the rise....
Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. PYMNTS data found that paycheck-to-paycheck consumers are more than three times...
The CFPB says it has settled a lawsuit against a debt collection firm it accused of filing junk lawsuits against consumers. Assuming a judge approves...
The Bank of England said financial institutions should expect more scrutiny of their credit portfolios. “The operating environment for firms remains challenging,” the central bank...
The Biden Administration has proposed an income-driven repayment plan designed to ease student loan debt. The proposed regulations, announced Tuesday (Jan. 10) would amend the...
Consumers’ debt grew at a seasonally adjusted rate of 7.1% in November. The Federal Reserve reported in a Monday (Jan. 9) statistical release that revolving...
Wall Street and banks are reportedly growing concerned about car buyers’ debt load. Bloomberg reported Friday (Jan. 6) that the size of outstanding auto loans...
People living paycheck-to-paycheck are having a hard time setting financial goals, much less achieving them. According to the latest study in this long-running series, December’s...