The Consumer Financial Protection Bureau (CFPB) announced yesterday (Jan. 18) that it has filed suit against Navient, the largest servicer of federal and private student loans in the United States. The CFPB suit alleges that Navient, formerly part of Sallie Mae, has been in violation of...
Talking down the dollar seems a new strategy for a new administration. Here’s what a weaker dollar may mean on stages large and small, from the macro to the micro level.
There is much speculation for how the U.S.’ economic health will temper in 2017. While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey, others see concern as the 2016 year comes...
Chase Card Services, a division of JPMorgan Chase & Co., announced Wednesday (Dec. 21) the launch of a new website that helps consumers across the U.S. see, understand and make decisions based on their credit score. The new service, dubbed Chase Credit Journey, is aimed...
If the American dream is buying real estate, the U.S. is becoming a divided market, where some dreams come true and others must keep wishing and hoping. As reported in the Wall Street Journal, the housing lending market has become a bifurcated one, with credit...
In the United States, the consumer seems poised to keep on spending — carrying economic growth higher in the process, for at least the next few months. Data released Wednesday from the Commerce Department showed that personal consumption rose 0.3 percent sequentially, continuing gains in...
Student loan borrowers have something to cheer about in the coming years: refunds. That’s according to The Wall Street Journal, which reported the U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Citing...
There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141 billion in fees for various financial products last year. Those are among the findings of...
Is the U.S. economy weaker than some of the data might show? No less than the Sage of Omaha thinks it might be. In an interview with CNNMoney on Friday (Nov. 11), the world’s second richest man (and he didn’t get there by lack of insight) said that the...
