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 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 …

3 in 10 Americans missed their June housing payment – study

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 Smith12 Jun 2020 Americans are feeling a high level of housing insecurity amid the COVID-19 pandemic despite its economic impacts beginning to soften, according to a new report from Apartment List. “Social distancing …

Transunion study shows renters are managing their debts

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. A new study from the credit firm Transunion shows that consumers are still managing their debts in way that may ease most landlords’ concerns, even as many are struggling with finances due to …

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.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 …

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. 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 …

The Short and Long-term Effects of Debt Settlement:

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 …

Amid COVID-19, credit reports are free every week

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. …

More Americans using credit cards than cash for food

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. More Americans are relying on credit cards to buy essentials, like groceries, and conserving cash as the unemployment rate skyrockets as a result of the coronavirus pandemic. Overall credit card spending fell 40 percent during March and …

Helping Families Receive Their Economic Impact Payment

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. CFA’s goal is to provide as many tools and other partner offerings to you the consumers as much as possible to provide assistance during this difficult time. An additional option for many people …

Nearly 50 Million Cardholders Had Credit Limits Reduced, Card Closed Involuntarily in Last Month Due to COVID-19 Impact

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. CHARLOTTE, N.C., May 4, 2020 /PRNewswire/ — One in four American credit cardholders said they’ve involuntarily had their credit limit slashed on at least one of their credit cards or even had a card closed by …