(source: en.wikipedia.org)
America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total...
Contactless payments look strong — if you live in the U.K. — and going cashless is increasingly king in China. Meanwhile, consumer debt may have seen another canary drop in...
A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...
The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who...
Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...
The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...
The Consumer Financial Protection Bureau (CFPB) may be in over its head when it comes to key constituents’ feelings regarding its Public Service Loan Forgiveness...
In investing, returns are everything, and when it comes to fixed income, yield is everything. The Wall Street Journal reports that investors are “desperate for...
The Consumer Financial Protection Bureau (CFPB) has reversed course about debt collection, and, as The American Banker noted, “in a big win for third-party debt...