#consumer-finance

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from24/7 Wall St.
8 hours ago

Wes Moss Warns Aging Homeowners: That Deferred Mortgage Balance Isn't Going Away

“Unfortunately, if they added that to your deferred balance, it's owed. And you probably signed new mortgage documents and modifications to do that. So I don't know of a way to get rid of that,” he told her.
Boston real estate
#credit-scoring
fromFast Company
1 week ago
E-Commerce

Credit scores are flawed. FICO has a new model that adds cashflow data. It might just offer the boost you need

E-Commerce
fromFast Company
1 week ago

Credit scores are flawed. FICO has a new model that adds cashflow data. It might just offer the boost you need

UltraFICO Score uses real-time bank cashflow data to help lenders assess creditworthiness, potentially boosting scores for opted-in consumers.
Marketing
fromwww.theguardian.com
1 week ago

John Oliver on factoring companies: This industry is full of predators'

Factoring structured settlements sells future tax-free payments for a lump sum, often costing about 60% and leaving many people regretting the deal.
fromwww.bxtimes.com
1 week ago

Mayor Mamdani announced Honda of the Bronx faces city fines, enforcement for illegal business practices Bronx Times

Mayor Mamdani said in a statement that his administration will use every tool we have to hold businesses accountable for mistreating customers. Buying a used car shouldn't be a gamble. But too many dealerships are baiting working people with one price, then charging another, hiding the true cost of loans and locking consumers into contracts designed to keep them trapped in debt. That is illegal, it is exploitative and it is making life even harder for New Yorkers already struggling to get by, Mamdani said.
New York City
Relationships
from24/7 Wall St.
1 week ago

Clark Howard Settles Credit Score Debate: How to Help a Family Member Without Risking Your Own

Adding a family member as an authorized user affects only that specific card’s reporting, not other debts or accounts.
#credit-card-debt
fromFortune
2 weeks ago
Social media marketing

'You should not be in this game': Social media sold the credit card points dream, but it left out everything else | Fortune

from24/7 Wall St.
3 months ago
Business

Clark Howard Calls Credit Card Debt an Emergency For Americans

High-interest credit card debt is a financial emergency that compounds quickly and requires immediate action to prevent costly interest from draining household finances.
from24/7 Wall St.
11 months ago
Fundraising

Beyond Budgeting: 6 Strange Yet Powerful Tactics for $20K+ Debt Relief

High interest credit card debt is a significant burden for millions of Americans, necessitating innovative tactics for management and relief.
Social media marketing
fromFortune
2 weeks ago

'You should not be in this game': Social media sold the credit card points dream, but it left out everything else | Fortune

Credit card debt is rising as influencers drive applications through short videos, while high APRs make carrying balances increasingly costly.
E-Commerce
fromFortune
3 weeks ago

Why premium card perks are 'designed to create a win-win-win for everyone' including banks, brands, and users | Fortune

Premium credit card fees are rising sharply, raising questions about whether cardholders truly benefit from the associated perks.
fromTechCrunch
1 month ago

Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos | TechCrunch

"We saw that the Philippines and broader Southeast Asia were proving themselves in terms of innovation. The Philippines is probably one of the most exciting markets for disruption in the financial services industry in the world."
Startup companies
fromFast Company
1 month ago

2 new Chase Sapphire airport lounges are coming. Here's what to expect and when

"We're really excited," Dana Pouwels, head of airport lounge benefits at JPMorgan Chase, told Fast Company in an interview. "Dallas is opening this year, and Los Angeles will be opening within the next 12 months."
LA real estate
Cryptocurrency
fromnews.bitcoin.com
1 month ago

Grayscale Predicts Elon Musk's X Could Use Crypto to Power Next Wave of Financial Ecosystems

Grayscale forecasts crypto will drive the next evolution of consumer finance, with X leveraging smart cashtags for deeper integration.
from24/7 Wall St.
2 months ago

Clark Howard Says Ohio Homeowner Is Completely Trapped As Solar Lease Payment Jumped $200 Monthly

Michael's situation is a case study in exactly how those risks materialize. The solar lease model contains structural risks that are easy to miss when a salesperson is at your door promising lower bills.
Real estate
Cars
from24/7 Wall St.
2 months ago

Clark Howard's Verdict for Ohio Commuter Adding 50,000 Miles: Go Brand New

Buying new cars may be more advantageous than one-year-old used cars due to changes in depreciation and pricing dynamics.
UK news
fromBusiness Matters
2 months ago

Individual insolvencies surge 18% as experts warn households are at 'breaking point'

Individual insolvencies in England and Wales surged 18% year-on-year to 11,609 in February 2026, driven by rising borrowing costs, persistent inflation, and accumulated debt affecting households across income levels.
Marketing
fromSocial Media Explorer
3 months ago

Beyond the APR: How to Market Financial Relief to Real People - Social Media Explorer

Market personal loans by highlighting relief and real-life outcomes, shifting messaging from institutional math to relational stories that show the after solution.
#credit-cards
#journalism-funding
Miscellaneous
fromwww.aljazeera.com
3 months ago

Why you're getting less for your money

Shrinkflation and inflation together increase per-unit costs by reducing portions and raising prices, quietly raising household expenses and straining budgets.
fromFast Company
4 months ago

Bilt's new credit cards to feature 10% interest rate, answering lawmakers' pleas

"bipartisan call for a solution"
US politics
#credit-card-interest
UK politics
fromLondon Business News | Londonlovesbusiness.com
6 months ago

Bank of England's caution stresses the importance of market dynamics - London Business News | Londonlovesbusiness.com

Policymakers should trust market dynamics instead of prolonged high interest rates and central intervention to restore affordability, consumer confidence, and lasting economic stability.
Real estate
fromwww.housingwire.com
7 months ago

TransUnion warns against single credit pull for mortgages

Adopting a single-pull credit report system could reduce consumer costs but would render millions ineligible, increase borrower costs, and raise systemic mortgage-market risk.
Business
fromInc
7 months ago

As Many CEOs Call Employees Back to the Office, This CEO Is Bucking the Trend and Embracing Remote Work

Synchrony adopted a flexible hybrid work model, reducing turnover, increasing applications by 30%, improving employee rankings, and delivering strong financial and stock performance.
Business
fromBusiness Insider
7 months ago

I talked myself into an Amex Platinum card - but the annual fee increase is making me second-guess it

The American Express Platinum card's annual fee rose to $895, prompting reconsideration of its value given elite perks, high cost, and status signaling.
fromBustle
8 months ago

How To Use The "Buy It Nice Or Buy It Twice" Rule To Save Money

On the frugal side of TikTok, the "buy it nice or buy it twice" adage is making the rounds, with creators like @christina.mychas echoing the phrase, "I'm too broke to buy cheap sh*t." In her comments, one person said, "[You should] spend like a millionaire on the things you use all the time - bed, mattress, pillow, jeans, shoes, etc." Another wrote, "In Spanish there's a saying, 'Lo barato sale caro,' which is 'the cheap turns out to be expensive,'" and it's really resonating.
E-Commerce
Digital life
fromThe Atlantic
8 months ago

Debit Cards Are Taking Over

Debit card use in the U.S. has risen as consumers and companies shift from credit, driven by regulation, bank incentives, high interest rates, and marketing.
Cars
from24/7 Wall St.
9 months ago

I Accidentally Bought a New Car with 18% Interest - How Can I Fix This Financial Mess?

Signing car loans without understanding high interest and compounding can create crippling, long-term debt.
fromLondon Business News | Londonlovesbusiness.com
10 months ago

Two out of three best buy instant access accounts have strings attached, Investec Save research shows - London Business News | Londonlovesbusiness.com

Nearly one in five (18%) of accounts include a bonus rate of 1.88% for nearly a year on average. Nearly half (44%) restrict the number of withdrawals, while 28% impose interest penalties for too many withdrawals and 16% have restrictions such as a high minimum balance or requiring customers to have a current account with them.
Digital life
US politics
fromFast Company
10 months ago

Your credit score could be negatively impacted by this controversial court ruling about medical debt

The federal judge overturned a CFPB rule preventing medical debts from affecting credit reports, affirming it exceeded agency authority.
Retirement
fromTravel + Leisure
10 months ago

This Is the Most Expensive Place to Retire in the U.S. in 2025

California has the five most expensive retirement towns in the U.S., requiring substantial savings for retirees.
fromwww.housingwire.com
10 months ago

NAMB supports CHLA proposal on loan officer compensation

The NAMB advocates for a return to common-sense regulatory approaches that distinguish abusive behavior from today's transparent and consumer-focused lending models.
US politics
fromLondon Business News | Londonlovesbusiness.com
10 months ago

How to get approved for a payday loan quickly and simply? - London Business News | Londonlovesbusiness.com

Payday loans offer quick funding for unexpected expenses, used by 12 million consumers annually, but require careful preparation and understanding of requirements for best results.
E-Commerce
fromEntrepreneur
11 months ago

FICO Scores Will Soon Incorporate Buy Now, Pay Later Loans | Entrepreneur

"Buy Now, Pay Later loans are playing an increasingly important role in consumers' financial lives," stated Julie May, vice president and general manager of B2B Scores at FICO.
Marketing tech
Marketing tech
fromEntrepreneur
11 months ago

Profitable, AI-Powered Tech, Now Preparing for a Potential Public Listing | Entrepreneur

ConsumerDirect is democratizing finance by allowing everyday investors to participate in its public listing.
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