U.S. credit card debt tops $1 trillion https://politicaliq.com/2023/08/08/u-s-credit-card-debt-tops-1-trillion/ #CreditCard #debt #inflation #economy #AutoLoans #interestrates #mortgage #studentdebt #politicaliq #news #politics
#creditcard #debt #inflation #economy #autoloans #interestrates #mortgage #StudentDebt #politicaliq #News #politics
Zoomers Are Way Behind on Car Payments https://jalopnik.com/zoomers-are-way-behind-on-car-payments-1850143119?utm_medium=sharefromsite&utm_source=_twitter via @Jalopnik #cars #finance #autoloans
“The increase raised #TheFed’s benchmark rate to a range of 4.5% to 4.75%, the highest level in 15 yrs. It followed a ½-pt rate increase in Dec & four ¾-pt hikes before that.
“#TheCentralBank’s rate hikes typically lead to more expensive #mortgages, #AutoLoans, #CreditCard #borrowing & #BusinessLending. Last year's ¾-pt rate hikes marked the fastest pace of credit tightening in 4 decades.
#thefed #thecentralbank #mortgages #autoloans #creditcard #borrowing #businesslending
Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to #mortgages, #AutoLoans and #overdraft fees.
The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.
#WellsFargo #CFPB
https://www.cnbc.com/2022/12/20/wells-fargo-agrees-to-3point7-billion-settlement-with-cfpb-over-consumer-abuses.html
#mortgages #autoloans #overdraft #wellsfargo #cfpb
Wells Fargo to pay $3.7B over consumer law violations
#banking #mortgage #autoloans #realestate
https://apnews.com/article/wells-fargo-consumer-loan-violations-a67b9070da60e5cb5134db6de364c747
#realestate #autoloans #mortgage #banking
Wells Fargo to pay $3.7B over consumer law violations
#banking #mortgage #autoloans #realestate
https://apnews.com/article/wells-fargo-consumer-loan-violations-a67b9070da60e5cb5134db6de364c747
#realestate #autoloans #mortgage #banking