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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 RileyDecember 1, 2020 Credit card borrowing is open to all. The Equal Credit Opportunity Act (ECOA) made fair lending the law of the land in 1974. Suppose a lender has a bias towards race, …
Continue reading “Credit Card Delinquency, Dementia, and Mental Health”
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 Ryan Smith 24 Sep 2020 Serious delinquency rates dipped in September for mortgages and other credit products – but potential challenges remain ahead for borrowers, according to a TransUnion report. Serious delinquency …
Continue reading “Serious delinquencies down, but borrowers face challenges ahead – TransUnion”
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.The Fed’s latest Survey of Consumer Finances might come with a caveat: The data measure a period that may seem long ago and far away — the time before COVID, of course. But they …
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 Courtney Nagle | Wednesday August 26th, 2020 As COVID-19 has continued to take a toll on the American economy, which remains in recession, many people have made changes to their personal finances …
Continue reading “Creditors May Lower Your Credit Limit in Response to COVID-19”
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, …
Continue reading “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. 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 …
Continue reading “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.by Gerri Detweiler March 31, 2020 BUSINESS FINANCING Coronavirus is having a significant impact on many small businesses already and no one knows how long or how hard the economy will be affected. If you are …
Continue reading “11 Options If Your Small Business Can’t Pay Its Bills Due to Coronavirus”
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. Widespread unemployment and economic hardships from COVID-19 will create a credit crisis that could further delay economic recovery. Rebecca Steele – Opinion contributor USA Today As the nation slowly gets back to work …
Continue reading “The coronavirus pandemic’s looming credit crisis”
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. The Short and Long-term Effects of Debt Settlement: What consumers can expect through the process and how long it may take to rebound By Bruce McClary | Tuesday May 12th, 2020 Debt settlement …
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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 WHSV newsroom | May 19, 2020 at 1:55 PM EDT – Updated May 19 at 3:30 PM WASHINGTON (WHSV) — Many people are facing difficult financial times due to the effects of the COVID-19 pandemic. …
Continue reading “Amid COVID-19, credit reports are free every week”
