From flights to rental cars to amusement park tickets, it can feel like there’s too much fine print and too many junk fees not included in the upfront price
As interest rates increased in 2022, the number of refinance mortgage originations declined, with cash-out refinances becoming a larger share of all refinances
New Mexicans submitted complaints about credit reporting, debt collection, and other products
La gente de New Mexico nos envió quejas sobre informes de crédito, el cobro de deudas y otros productos
Our research shows that people in Puerto Rico have lower financial well-being compared to people in the rest of the United States, and they struggle more to make ends meet and participate in mainstream financial services
Nuestra investigación muestra que en Puerto Rico la gente goza de menos bienestar financiero que en el resto de los Estados Unidos, y que tienen dificultades para cubrir sus gastos y para aprovechar servicios financieros comunes
Cashflow data (regular savings, accumulated savings, paying bills on time) helps predict ability to repay and repayment risk, even when accounting for credit scores
Credit reporting changes through the Department of Education’s Fresh Start program coincided with increased credit scores for nearly 2 million student loan borrowers
The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2022
