Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In...
Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in...
Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...
Consumers now have a range of promotional financing deals to choose from the online payments system PayPal that provides zero-interest installment loans to cover the...
As U.S. household debt climbs, financial health startup Credit Sesame has raised $43 million ahead of its planned IPO, as reported on Friday (Aug. 30)....
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The above quote...
The debt balances climb ever higher. In the latest data reported by the Federal Reserve, total credit was up $17.1 billion in May as measured...
Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years. According to a...
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. As noted in filings...