Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
By Pete Schroeder WASHINGTON, May 20 (Reuters) – The U.S. regulator charged with overseeing housing giants Fannie Mae and Freddie Mac unveiled Thursday a proposed rewrite of rules boosting how much capital the pair must hold to weather…
The number of interest-free credit card deals has fallen to a record low for the second successive month, as banks continue to slash the availability of…
In small justice of the peace courtrooms in Parker County west of Dallas, more than two dozen lawsuits have been filed against former hospital patients to…
A personal financial crisis can take different forms. Losing a job, having your work hours or income reduced, facing a huge medical expense, and having your…
The Consumer Financial Protection Bureau’s (CFPB) Taskforce on Federal Consumer Financial Law should look closely at how the CFPB’s rules have impacted credit unions, CUNA wrote to…
Yolanda Carmenatty was working as a medical assistant at a North Shore family practice when she learned about a years-old debt through her boss. He was…
At the beginning of the calendar year, credit information company TransUnion Cibil introduced a new method to score borrowers and card users. Rajesh Kumar, its MD…
A new survey illustrates the confusion, stress, and anxiety student loan borrowers are experiencing amid the coronavirus pandemic. The survey, shared exclusively with Yahoo Finance, analyzed…
Question: I fell behind on credit card payments four years ago and settled a couple accounts for less than the full amount a little over 3…
American Express Co. is shifting “hundreds and hundreds” of employees in its sales units to handle collections and other credit work, and plans to set aside…
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