Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...

Three of the country's largest credit reporting agencies are removing nearly 70% of medical debt from consumer credit reports, the companies announced in a joint statement Friday. The video featured ...

Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits ...

BREATHING ROOM. I STARTED TO FEEL THE CRUNCH WHEN I STARTED TO USE CREDIT CARDS FOR JUST DAILY ESSENTIALS. FOR JENNIFER PAEZ, MORE EXPENSES AND LESS MONEY. COMING IN MEANT ONE SIMPLE THING SHE HAD TO ...

Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments. What's at stake: ...

IF YOU HAVE CREDIT CARDS, LOANS AND A SAVINGS ACCOUNT, THE RECENT CUT BY THE FEDERAL RESERVE ON SHORT TERM INTEREST RATES LIKELY IMPACTS YOU. CONSUMER REPORTS BREAKS DOWN THE CHANGES YOU MIGHT SEE ON ...

The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule on October 20, 2025 stating that the Fair Credit Reporting Act (FCRA) preempts state measures barring medical debt in ...

Michigan lawmakers want to reduce the burden of medical costs on residents. State senators have introduced bipartisan legislation that would make it easier to get financial assistance from hospitals, ...

Credit card: With a credit card cash advance, you borrow against your available credit. If you have a $1,000 credit limit, then that’s the upper limit of what you can borrow, which decreases as your ...