Sat.Jun 12, 2021 - Fri.Jun 18, 2021

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UK Credit Market Report April: Credit Card Spend Up 12 Percent

Fico Collections

Whilst year-on-year comparisons must be taken in context as April 2020 was the first full lockdown month, April 2021 is the first month showing partial non-lockdown data since December, with some signs of stress relating to spend above limit and cash usage as well as higher average balances on accounts missing payments.

Retail 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

State Activities: On June 11, Connecticut Attorney General William Tong and D.C. In his statement, Attorney General Bonta reminded financial institutions that Governor Newsom’s April 23, 2020 executive order makes any such garnishment unlawful as it is financial assistance provided due to the COVID-19 pandemic.