This week, we filed a friend-of-the-court brief to protect consumers’ funds from unauthorized withdrawals by credit card companies
FTC Announces Tentative Agenda for May 23 Open Commission Meeting
This week, we filed a friend-of-the-court brief to protect consumers’ funds from unauthorized withdrawals by credit card companies
By gathering better price and availability data for more credit card products and making it publicly available, the CFPB seeks to empower consumers to choose the best card for their unique situation and to encourage issuers to compete more on rates
As credit card profitability increases, a new analysis looks at why credit card interest rates continue to rise despite historically low charge-offs and cost of funds alongside a stable share of subprime accounts
Housing costs rose rapidly last year but some people feel this inflation more than others
Access to credit plays a critical role in financial resiliency, especially during an economic downturn
Our research shows that credit card companies are suppressing data and information on exact payment amounts repaid by borrowers
As the economy recovers from the global pandemic, American families and businesses are experiencing higher prices
Households across the U
From 2018 to 2020, the CFPB estimates that Americans paid roughly $120 billion per year in credit card interest and fees
New analysis in our Making Ends Meet survey series shows that consumers’ finances improved during the pandemic as pandemic policies kept consumers who lost their jobs from suffering financial hardship