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.
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 ...
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 ...
On the surface, the economy looks like it’s holding up. The stock market is up, unemployment remains relatively low, and consumer spending hasn’t slowed much. But if you shift your focus to the road, ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
The letter to U.S. District Court Judge John P. Cronan stated the CFPB and MoneyLion have reached an agreement in principle and plan to file a proposed stipulated judgment with the court by Nov. 3.
Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has remained strong, especially in durable goods like autos, it may decelerate going ...
U.S. auto loan delinquencies are climbing above pre-pandemic rates and nearing 2008 crisis levels. Consumers now carry $1.66 trillion in auto debt as repossessions accelerate. Consumer Federation of ...
There have been significant developments in the regulation of consumer loans across both the European Union and the United Kingdom in recent years. In response to evolving market dynamics, ...
Electric bikes—or e-bikes— can make riding a bike a breeze. But buying a new e-bike might not be so easy on your budget -- with some models costing over $10,000. Consumer Reports is here to help, ...
TULSA, Okla. — If you’re struggling with student loans, you’re not alone. More borrowers are missing payments, and confusion about overdue dates isn’t helping. On top of that, interest on SAVE plan ...
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