Americans Owe Nearly $1 Trillion In Credit Card Debt

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. BY BRIAN WALLACE ON JULY 23, 2020 In February 2020, the Federal Reserve found that Americans have reached a record high for the amount of credit card debt owed. On top of that, …

Lenders Tighten Credit Requirements Amid New Reporting Rules

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason is that banks can no longer easily determine who is …