The Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.

A federal judge has struck down a Biden-era rule which would have eliminated medical debt from Americans credit reports.

Credit.org is a nonprofit organization that offers consumer credit counseling services nationwide. It says it has helped over 25,000 people annually and has been in business since 1974.

But beware the companies that sell credit “repair” services over the phone and charge fees upfront. The Consumer Financial Protection Bureau reached a $2.7 billion settlement in August with ...

The Zacks Consumer Loans industry faces growing pressure from prolonged high rates, which are straining borrowers' repayment capacity. So, industry players are increasing reserves to guard against ...

Consumer Education Services, Inc. (CESI) is a nonprofit credit counseling agency that offers credit counseling and debt management plans.

New York State officials have issued a consumer alert to warn military members and their families about an increase in scams, which cost them an estimated $584 million last year, and have provided ...

American Consumer Credit Counseling is a nonprofit agency offering credit counseling, debt relief, and financial education services. ACCC is headquartered in Auburndale, Massachusetts, and has 26 ...

Most recently, the growth in consumer debt has come especially from more credit cards. Total credit card debt relative to after-tax income has grown from less than 6% in 2021 to 6.3% in December 2022.

Credit counseling services can be helpful, but you need to vet these services carefully. As of the fourth quarter of 2023, the Federal Reserve of New York reports that Americans hold $1.13 ...

In Trumps first term, his then-director, Kathy Kraninger, took a lighter approach to supervision and enforcement, but still some of the biggest financial settlements in the bureaus history took place ...