WASHINGTON—The Consumer Financial Protection Bureau has issued a policy statement outlining its approach to the “abusiveness” standard in supervision and enforcement matters that has received initial support from credit unions, but been blasted by consumer groups.
SAN JOSE, Calif.—Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments, a new report indicates.
WASHINGTON—The CFPB has released an updated version of its Home Mortgage Disclosure Act (HMDA) Small Entity Compliance Guide.
TAMPA, Fla.– While many consumers remain interested in electric vehicles (EV) but hesitate to make a purchase out of concern over logistical issues, a new survey by AAA finds 91% of those who have purchased an EV say they are happy with the decision.
NEW YORK—The Chase Sapphire Reserve is pushing the envelope on what credit card customers can get from, and are willing to pay for, a super-premium rewards credit card.
EAST HARTFORD, CONN.–American Eagle Financial Credit Union is inviting its members and the general public to vote on which local nonprofit organizations will receive donations from its new card program.
VANCOUVER, B.C.–In response to climate change, Mogo Finance Technology has issued Canada’s first prepaid Visa card to offset the carbon footprints of spenders.
WASHINGTON—What was the most common type of fraud reported by consumers to the Federal Trade Commission (FTC) in 2019?
PHILADELPHIA— Ardent Credit Union has announced a new partnership with Philadelphia Union of Major League Soccer to become the official credit union of the team and Talen Energy Stadium.
CINCINNATI—Which red vehicles will consumers be most interested in leasing for Valentine’s day?
