True Accord

JANUARY 21, 2025

CFPB Looks at Medical Debt, Student Loans and So Much Data Medical debt wasnt the only focus for the Consumer Financial Protection Bureau in Q4. Moreover, many consumers, and especially those having trouble paying their monthly bills, report maxing out their cards regularly and using installment plans to cover basic necessities.

Student Loans 91

Student Loans Student loans Credit Card Debt Financial Institution 91

Credit Corp

SEPTEMBER 13, 2023

Auto Loans : Auto loans are issued by a bank, a credit union, or a company that specializes in automobile lending. Mortgage Loans: Mortgage loans are issued by a bank, a credit union, or a company that specializes in mortgage lending. You can get a personal loan from online lenders or from a bank or credit union.

Credit Unions 97

Credit Unions Credit Unions Student Loans Student loans 97

Collection Industry News

OCTOBER 17, 2023

Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher. Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. Federally chartered credit unions have an 18% limit. For example, Sen.

Credit Unions 40

Credit Unions Credit Unions Accrued Interest Credit Card Debt 40

True Accord

JANUARY 10, 2024

In Q4, the CFPB issued statements and proposed rules relating to accelerating open banking , oversight of big tech companies and other digital financial service providers, and discrimination concerns. As for credit card debt, the charge-off rates clocked in at 3.79% , up more than a half point from Q2 2023 and up from 2.1%

Student Loans 59

Student Loans Student loans Loans Banks 59