Tag #Consumer Credit

Showing 13 to 16 of 16 results

cnbc.com
🌐 75% Global Worthiness
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Fed Slows Rate Cuts Amid Inflation, Strong Labor Market

The Federal Reserve cut interest rates three times near the end of 2024, reducing the federal funds rate by one percentage point. In 2025, further rate cuts are expected, though at a slower pace than previously anticipated due to ongoing inflation and a strong labor market; experts predict credit ca...

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28% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Germany Shortens Schufa Negative Entry Deletion Time

Starting January 1st, 2025, Germany's Schufa credit agency will delete single overdue payment records after 18 months (instead of 36), if paid within 100 days of notification; impacting approximately 120,000 people.

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44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Medical Debt Removal from Credit Reports

The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.

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40% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Germany Shortens Schufa Negative Entry Storage Time

Starting January 1st, 2025, Germany's Schufa credit agency will reduce the storage time for single overdue payments from 36 to 18 months if the debt is paid within 100 days of a reminder, potentially benefiting approximately 120,000 consumers initially.

Progress

40% Bias Score

Reduced Inequality

Showing 13 to 16 of 16 results