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Watch the Latest Appraisal
News Headlines - Consumer Credit


MarketWatch

Consumer credit grows by slowest rate in five years in January ...
MarketWatch
Consumer borrowing rose at the slowest pace in more than five years in January, suggesting the economy's growth engine may be running closer to empty than ...
Consumers' Credit Card Balances Contribute to Overall Decline in ...ACA International

all 9 news articles »

HousingWire

CFPB fines Experian $3 million for lying about consumers' credit scores
HousingWire
Experian, one of the nation's three major credit reporting bureaus, misled consumers by telling them that the credit scores they purchased from the company were the same ones that lenders used to make credit decisions, the Consumer Financial Protection ...
Consumers misled about value of some credit scores, feds sayBankrate.com
CFPB Hits Experian With $3 Million Penalty for Consumer DeceptionCredit Union Times
Experian lied to consumers about credit scores it sold, must pay $3 million: says CFPBcleveland.com
Kansas City infoZine -Mortgage News Daily -American Banker -Consumer Financial Protection Bureau
all 88 news articles »

Sacramento Bee

Today's Headlines: Consumer Credit Growth Slows
CT Post
The Fed's release for January 2017 revealed that outstanding consumer credit rose by $8.8 billion to $3.77 trillion for a seasonally adjusted annualized growth rate of 2.8% — the slowest rate of consumer credit growth in over five years. This aligns ...
New ACCC Survey: Almost Half of Consumers Have a Household Credit Debt over $10000PR Web (press release)

all 19 news articles »

USA TODAY

Consumer credit scores to exclude some debts, liens starting July 1
USA TODAY
Here's potentially good news for consumers: The nation's three largest credit-reporting agencies will soon exclude tax liens and some civil debts from their reports. The change by Equifax, Experian and TransUnion will take effect July 1, as part of a ...
Higher credit scores are on the way, thanks to new standardsCNBC
Consumer Credit Scores to Exclude Some Debts, Liens Starting July ...WFMYNews2.com
12 million consumer credit scores about to go upMortgage Professional America
Alabama's News Leader -Wall Street Journal -Consumer Financial Protection Bureau
all 50 news articles »

Lexology (registration)

House Financial Institutions and Consumer Credit Subcommittee Hearing Examines Decline in New Bank/Credit Union ...
Lexology (registration)
In an afternoon hearing on March 21 entitled “Ending the De Novo Drought: Examining the Application Process for De Novo Financial Institutions,” Members of the House Financial Services Financial Institutions and Consumer Credit Subcommittee met to ...


Consumer credit-scoring system to eliminate error-prone data
Marketplace.org
Consumer credit reporting agencies are going to start eliminating some information from credit reports that might reflect negatively on would-be borrowers.

and more »

ABA Banking Journal (blog)

Consumer Credit Growth Retreats in January
ABA Banking Journal (blog)
Revolving credit fell at an annual rate of 4.6% to $995.1 billion, compared to a 4.3% increase in December. Non-revolving credit rose at a 5.5% annual rate, or $12.6 billion, compared to December's rate of $11.2 billion. Total non-revolving credit is ...
U.S. Consumer Credit Rises Much Less Than Expected In JanuaryRTT News
US January Consumer Credit Rises $8.8bn, Revolving Credit ContractsEconomic Calendar
Consumer Borrowing in U.S. Posts Smallest Gain Since July 2012 ...Bloomberg
Worcester Telegram
all 8 news articles »

Lexology (registration)

U.S. Consumer Protection Regulator Consults on Use of Alternative ...
Lexology (registration)
On February 16, 2017, the U.S. Consumer Financial Protection Bureau (the “CFPB”) issued a Request for Information (“RFI”) seeking feedback from the…
CFPB Fines Experian $3 Million for Credit Score Marketing ...Paybefore

all 5 news articles »

Charleston Gazette-Mail (subscription)

WV consumer protection rollbacks averted
Charleston Gazette-Mail (subscription)
“It would have been almost impossible for a consumer to take the risk of challenging any violation of consumer protection laws. Things as minute as disputing a charge on your credit card could have resulted in the consumer paying the attorneys fees for ...

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