The Consumer Financial Protection Bureau (CFPB) is a government agency tasked with financial regulation and oversight. Read more about this agency inside.
Now that rates are higher—the 30-year mortgage rate stands at 6.2%, compared with 2.7% in early 2021—they are loth to move.
BEIJING/SHANGHAI (Reuters) -China's internet platforms are quietly reviving consumer lending, taking Beijing's push to make household borrowing cheaper as a signal that regulators may be easing a ...
Delinquency rates grew in September, hitting levels not seen since before the COVID-19 pandemic. Many consumers were able to manage their debt during the pandemic, as spending slowed and stimulus ...
Nonperforming Loans — Total nonperforming loans rose to $11,400,000, or 0.66% of total loans, up from $6,300,000, or 0.38% at the end of the prior quarter, driven by the addition of a $5,300,000 ...
If you’ve got federal student loans, there are some big changes you need to know about. Interest has started up again for millions of borrowers, and for many, the first step is figuring out where ...