In a letter to House leadership today, the American Bankers Association expressed its opposition for H.R. 5332. Introduced by Rep. Josh Gottheimer (D-N.J.), the Protecting Your Credit Score Act of 2020 is scheduled to be considered this week.
Consumer credit increased at a seasonally adjusted annual rate of 1.7% in the first quarter…
Credit applications—as measured by the number of credit inquiries—fell significantly in March during the early days of the coronavirus pandemic in the U.S., according to a new report issued by the Consumer Financial Protection Bureau today.
Consumer credit increased at a seasonally adjusted annual rate of 5 percent in the fourth…
The American Bankers Association today warned lawmakers of the potential consequences of imposing interest rate caps on consumer credit products.
Individuals who have applied for credit reported higher approval rates in 2019 than in 2018, according to the Federal Reserve Bank of New York’s latest Credit Access Survey released today.
Five federal banking agencies yesterday issued a joint statement on the use of alternative data in credit underwriting.
Consumer credit increased at a seasonally adjusted annual rate of 5.2 percent in August. Total…
Consumer credit grew in July at its strongest pace in a full year.
Consumer credit increased at a seasonally adjusted annual rate of 4.3 percent in June. Total…