As a series of compounding pressures challenge lenders heading into the back half of 2025, risk managers are becoming increasingly aware that they’re attempting to meet lending goals using credit data ...
Credit reporting issues have consistently ranked among the top consumer complaints tracked by the Federal Trade Commission’s Consumer Sentinel Network. According to the FTC’s 2024 data book, reports ...
Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
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 ...
Update: Story updated with confirmation that this was another Salesforce data theft attack and the types of data stolen. Consumer credit reporting giant TransUnion warns it suffered a data breach ...
For many consumers, 2024 was a mixed bag of pluses and minuses when it came to credit. Many borrowers with lower fixed-rate mortgages considered themselves lucky and resisted the urge to move or sell.
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: ...
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