JD Supra13h
CFPB Releases Report Highlighting Consumer Use of Buy Now, Pay Later Products
On January 13, the Consumer Financial Protection Bureau (CFPB or Bureau) released a report providing its analysis of the growth and impact of Buy ...
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Dive into the 2025 NFL Playoffs with a complete breakdown of the schedule, bracket, and key matchups! From Wild Card Weekend ...
CFPB research reveals heavy BNPL usage among consumers with high credit sccores and multiple loans
Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...
Buy now, pay later users pile on debt, CFPB finds
Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, ...
Financial IT2d
CFPB Research Reveals Heavy Buy Now, Pay Later Use Among Borrowers With High Credit Balances and Multiple Pay-in-Four Loans
Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
Heavy BNPL use among borrowers with high credit balances and multiple pay-in-four loans: CFPB
More than 60% of BNPL users have simultaneous loans, borrowers hold higher balances on other credit lines, and most loans are ...
themortgagepoint2d
CFPB Finds Thousands Underinsured Against Flooding
New report concludes that homeowners facing flooding from rivers and creeks are more likely to be underinsured than coastal ...
HousingWire2d
Over 400K mortgages may be underinsured for flood risk: CFPB
The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be ...
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
JD Supra7d
CFPB’s Successor Homeowner Issue Spotlight: The Other Side of the Story
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight ...
RealClearMarkets20d
The CFPB Wants You To Pay For Mistakes of Others
It seems obvious that removing such risk would encourage people to make reckless financial decisions – to everyone except President Biden's Consumer Financial Protection Bureau (CFPB.) ...