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Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. Key Indicators and the Student Loan Predicament According to the New York Fed’s Quarterly Report on Household Debt and Credit , total household debt increased in the first quarter of 2023 by $148 billion (.9%)

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The FTC and the State of Illinois sued Napleton Automotive Group in March 2022, alleging that Napleton employees were sneaking illegal junk fees for unwanted “add-ons” onto vehicle purchases and discriminating against Black consumers. For more information, click here. For more information, click here. For more information, click here.

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What is a good credit score range?

Better Credit Blog

You’ve likely also heard that a good credit score is essential to getting a mortgage, or a good deal on a personal loan for a car. Simply put, lenders will use this number to make a determination about how likely you are to pay back a loan, based on your history of paying off your credit cards. Okay, got it. Amounts owed: (30 percent).

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