As if accidents and disasters aren’t bad enough, handling the ensuing insurances claims can in itself become lengthy debacles. Underscoring that process, or seeming lack...
Seth Frotman, an assistant director and student loan ombudsman for the Consumer Financial Protection Bureau (CFPB), had some harsh words for acting CFPB Director Mick Mulvaney...
American’s increased the amount of money they borrowed in the second quarter, with consumer borrowing reaching $13.29 trillion during the quarter ending in June. Reuters, citing...
Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...
Despite posting a second-quarter adjusted loss of about $200 million, Social Finance Inc. (SoFi) says it should be profitable again by the end of the...
New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway...
A 10-year study by the National Endowment for Financial Education shows that millennials who are no longer relying on mom and dad for financial help are...
When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was...
The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent, according to...