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The CFPB said some 15 million Americans are still struggling with more than $49 billion in outstanding medical bills in collections on their credit reports.
Find out essential strategies for effective debt management with our guide. Learn how to budget, prioritize debts and use tools to maintain financial stability.
By reclassifying BNPL plans, the Consumer Financial Protection Bureau hopes to better protect consumers using these newer financing plans.
Fannie Mae called out AI's potential to end defects as Freddie Mac sought to spur current loan-quality tool use by quantifying benefits at an industry meeting.
At an industry conference, Consumer Financial Protection Bureau Director Rohit Chopra said he was open to suggestions on how to increase choice and competition to benefit mortgage lenders and borrowers.