Archive for Credit cards – Page 2

This week, we filed a friend-of-the-court brief to protect consumers’ funds from unauthorized withdrawals by credit card companies

See the full post at consumerfinance.gov

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

See the full post at consumerfinance.gov

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

See the full post at consumerfinance.gov

Housing costs rose rapidly last year but some people feel this inflation more than others

See the full post at consumerfinance.gov

Access to credit plays a critical role in financial resiliency, especially during an economic downturn

See the full post at consumerfinance.gov

Our research shows that credit card companies are suppressing data and information on exact payment amounts repaid by borrowers

See the full post at consumerfinance.gov

As the economy recovers from the global pandemic, American families and businesses are experiencing higher prices

See the full post at consumerfinance.gov

Households across the U

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From 2018 to 2020, the CFPB estimates that Americans paid roughly $120 billion per year in credit card interest and fees

See the full post at consumerfinance.gov

0 Categories : At the CFPB, CFPB, Credit cards

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

See the full post at consumerfinance.gov