2021 11 
Credit Corp
MARCH 21, 2023
According to the Federal Reserve’s Consumer Credit report, 43.5 Not only can you not declare bankruptcy on many forms of student loan debt, but it can also harm your credit. Department of Education shows how many Americans have debt by federal loan type. 2021 37 10.2 Each borrower owes an average of $37,787.
Troutman Sanders
OCTOBER 16, 2023
On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Troutman Sanders
OCTOBER 12, 2021
Court of Appeals for the District of Columbia held that government immunity is waived under the FCRA, but also found that the Federal Motor Carrier Safety Administration (FMCSA) does not act as a consumer reporting agency (CRA) in distributing safety records of commercial truck drivers to prospective employers. 19-5321, 2021 U.S.
Credit Corp
OCTOBER 6, 2023
Between the first quarters of 2022 and 2023, The Federal Reserve Bank of New York reported that the credit card debt in America rose by $145 billion. As of June 2023, we saw a 12-month inflation increase of 3%, the smallest year-over-year increase since March 2021. Washington $6,869 10. Accounts 90 to 180 days past due rose to 0.63%.
Credit Corp
FEBRUARY 21, 2023
Wallet Hub ) Mississippi has the least credit card debt at $5,041 per person. Credit Karma ) Alaska has the most credit card debt on average at $7,758.( Credit Karma ) Credit card accounts 30 to 59 days past due rose by 6.1 How many credit cards carry a balance? billion to $784.5 This was a.5
Troutman Sanders
JUNE 21, 2022
On June 16, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of data on 2021 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,338 U.S. Covered institutions include banks, savings associations, credit unions, and mortgage companies. financial institutions.
Troutman Sanders
AUGUST 1, 2023
On July 26, the CFPB published a blog focused on consumer credit scores. On July 25, a large credit reporting agency revealed to investors in regulatory filings that it’s facing a probe by the CFPB. The lawsuit alleges that the company and its owners scammed approximately 8,000 consumers throughout Texas and the U.S.
Expert insights. Personalized for you.
98 
Let's personalize your content