Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, ...
More than 60% of BNPL users have simultaneous loans, borrowers hold higher balances on other credit lines, and most loans are ...
The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be ...
Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight ...
On December 30, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule that may dramatically change the way that certain ...
While an overwhelming majority of Missouri votes voted against her, Vice President Kamala Harris has ensured that state ...
CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money and avoid scams.
More than 80% of retail cards are issued by four large banks, with 90% of retail cards reporting a maximum annual percentage rate above 30%, compared to 38% of non-retail general purpose cards, the ...
New report concludes that homeowners facing flooding from rivers and creeks are more likely to be underinsured than coastal ...
Despite lawsuits, prosecutions and federal crackdown attempts, the tribal lending industry has adapted for over a decade, ...