LendUp Shuttering Operations After Reaching Settlement With CFPB

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. Posted on the December 21, 2021 The digital payday lender LendUp is shutting down operations after settling a lawsuit with the Consumer Financial Protection Bureau. It’s a major downfall for the Silicon …

The return of layaway? A new tech-driven riff is bringing the idea back, in a big way

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 Art Raymond@DNTechHive  Nov 27, 2021, 9:00pm MST There was a time when shopping at almost any U.S. retailer included the option to choose an item you were after and have it stashed away in …

With Delinquencies Rising, Experts Advise Flexible Repayment Plans for BNPL Users

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. Peter Lucas November 30, 2021 Competitive Strategies, E-Commerce, Issuing/Originating, Mobile Commerce, Point-of-sale, Transaction Processing With defaults on buy now, pay later loans on the rise, BNPL providers need to be cognizant that creating a flexible repayment plan can not only …

Americans Are On the Cusp of Another Borrowing Binge

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. Posted on the June 23, 2021 Investors are concerned the U.S. is headed for a repeat of the lackluster economic expansion of the prior decade — that once the country gets past reopening …

Ask an Expert: How Do I Pay the Right Debt Collector?

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 Bruce McClary | Friday April 16th, 2021 The NFCC often receives readers questions asking us what they should do in their money situation. We pick some to share that others could be …

How to Find Credit Counseling You Can Trust

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 pandemic has forced many people to seek help for getting out of debt by Kimberly Lankford, AARP, March 30, 2021 If you’re lost in a mire of debt, a credit counselor can help. …

IRS plans to extend April 15 tax deadline by a month, report says

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.Tanza Loudenback 41 minutes ago The federal tax deadline will move to mid-May, according to a Bloomberg report. The IRS has yet to confirm the deadline extension. An extension would give taxpayers and preparers more …

Americans are struggling, but you’d never know it from their credit scores

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. Jessica Dickler@JDICKLER – PUBLISHED THU, FEB 25 20218:00 AM ESTUPDATED THU, FEB 25 20218:00 AM ESTKEY POINTS Federal relief measures, including stimulus checks and a pause in loan repayments, have given some …

More Americans Are Paying Their Bank-Issued Credit Cards On Time: What Does This Mean For You?

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.CONTRIBUTOR-Ben Gran  Forbes AdvisorPUBLISHED-FEB 18, 2021 7:00AM EST  Arecent report from the American Bankers Association found that credit card delinquencies are at an all-time low. As of the third quarter of 2020, only 1.53% …

Most Americans Will Take on Record Credit Card Debt This Holiday Season: Survey

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. Nearly two-thirds of Americans expect to pile up balances, new research finds. By LendEDUDecember. 15, 2020 Since March, millions of Americans have faced a tremendous financial struggle because of the coronavirus pandemic …