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Consumer complaints made to the Consumer Financial Protection Bureau (CFPB) rose 61% in 2022 from 2021 — credit reporting issue saw the biggest jump, according to a U.S. Public Interest Research Group (PIRG) report.
March 13, 2023- The Federal Reserve Board announced that Vice Chair for Supervision Michael S. Barr is leading a review of the supervision and regulation of Silicon Valley Bank,...
Consumer credit extended its expansion streak to kick off the year as revolving and non-revolving debt grew, new Federal Reserve data confirm.
2022 saw household debt — notably credit card balances and auto loans — rise to new levels, jumping $394 billion in the fourth quarter of the year alone.
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