Showing 1 to 12 of 21 results
Spanish Banks Launch Interest-Free Buy-Now-Pay-Later Service
Spanish banks are launching a new interest-free buy-now-pay-later service called "Plazo Cero" in late 2025, available at point-of-sale terminals for credit card purchases, aiming to compete with services like Klarna while supporting smaller businesses.
Spanish Banks Launch Interest-Free Buy-Now-Pay-Later Service
Spanish banks are launching a new interest-free buy-now-pay-later service called "Plazo Cero" in late 2025, available at point-of-sale terminals for credit card purchases, aiming to compete with services like Klarna while supporting smaller businesses.
Progress
36% Bias Score
Court Blocks Rule to Remove Medical Debt from Credit Reports
A federal court struck down a CFPB rule designed to remove all medical debt from credit reports, leaving millions of Americans to contend with the negative credit impacts of unpaid medical bills and necessitating individual debt management strategies.
Court Blocks Rule to Remove Medical Debt from Credit Reports
A federal court struck down a CFPB rule designed to remove all medical debt from credit reports, leaving millions of Americans to contend with the negative credit impacts of unpaid medical bills and necessitating individual debt management strategies.
Progress
36% Bias Score
FICO to Include BNPL Loans in Credit Scores
FICO will include buy now, pay later loans in US credit scores starting fall 2025, impacting millions of borrowers; responsible use may improve credit, while late payments will negatively affect scores.
FICO to Include BNPL Loans in Credit Scores
FICO will include buy now, pay later loans in US credit scores starting fall 2025, impacting millions of borrowers; responsible use may improve credit, while late payments will negatively affect scores.
Progress
48% Bias Score
UK Consumers Embrace BNPL Amid Cost-of-Living Crisis, Anticipating Regulation
A Clearpay study of 3,000 UK adults shows rising BNPL use due to cost-of-living pressures, with families using it for children's activities and big purchases; 71 percent support regulation, expected by early 2026, believing it will improve consumer protection and boost retail spending.
UK Consumers Embrace BNPL Amid Cost-of-Living Crisis, Anticipating Regulation
A Clearpay study of 3,000 UK adults shows rising BNPL use due to cost-of-living pressures, with families using it for children's activities and big purchases; 71 percent support regulation, expected by early 2026, believing it will improve consumer protection and boost retail spending.
Progress
40% Bias Score
AI Agents Transform Consumer Finance: Risks and Opportunities
AI-powered agents are revolutionizing consumer finance, handling tasks from mortgage renegotiation to loan applications, but raise ethical concerns regarding automation bias and unequal access to human support; regulations and cultural shifts are crucial for responsible AI adoption.
AI Agents Transform Consumer Finance: Risks and Opportunities
AI-powered agents are revolutionizing consumer finance, handling tasks from mortgage renegotiation to loan applications, but raise ethical concerns regarding automation bias and unequal access to human support; regulations and cultural shifts are crucial for responsible AI adoption.
Progress
44% Bias Score
Record-High Credit Card Debt Amidst High Interest Rates
As of November 2024, the average US credit card interest rate is 22%, up from a pandemic low of 15%, resulting in record-high credit card balances of $1.21 trillion due to inflation and increased consumer reliance on credit.
Record-High Credit Card Debt Amidst High Interest Rates
As of November 2024, the average US credit card interest rate is 22%, up from a pandemic low of 15%, resulting in record-high credit card balances of $1.21 trillion due to inflation and increased consumer reliance on credit.
Progress
44% Bias Score
UK to Introduce Stricter Affordability Checks for Buy Now, Pay Later Services
Stricter affordability checks for buy now, pay later services will come into force in the UK next July, aiming to prevent excessive debt and protect consumers; regulators estimate consumers will be £1.8bn better off over 10 years while providers' profits will drop by £1.4bn.
UK to Introduce Stricter Affordability Checks for Buy Now, Pay Later Services
Stricter affordability checks for buy now, pay later services will come into force in the UK next July, aiming to prevent excessive debt and protect consumers; regulators estimate consumers will be £1.8bn better off over 10 years while providers' profits will drop by £1.4bn.
Progress
44% Bias Score
Debt Relief Companies: Benefits, Limitations, and Credit Impacts
Debt relief companies negotiate lower credit card debt payments, averaging 30-50% reduction, but may negatively impact credit scores and require upfront fees; consumers should compare options before use.
Debt Relief Companies: Benefits, Limitations, and Credit Impacts
Debt relief companies negotiate lower credit card debt payments, averaging 30-50% reduction, but may negatively impact credit scores and require upfront fees; consumers should compare options before use.
Progress
36% Bias Score
Debt Relief Companies: Benefits and Limitations for Credit Card Debt
Debt relief companies negotiate lower settlements (30-50% savings) with creditors and offer debt consolidation programs, providing financial education and structured debt management to consumers struggling with high credit card debt in the US.
Debt Relief Companies: Benefits and Limitations for Credit Card Debt
Debt relief companies negotiate lower settlements (30-50% savings) with creditors and offer debt consolidation programs, providing financial education and structured debt management to consumers struggling with high credit card debt in the US.
Progress
40% Bias Score
Britons Urged to Claim £3.3 Billion in Energy Bill Refunds
UK energy companies hold £3.3 billion in customer credit, prompting a call for Britons to check their accounts and claim potential refunds using a new online calculator before the end of May; the average credit balance is £215.
Britons Urged to Claim £3.3 Billion in Energy Bill Refunds
UK energy companies hold £3.3 billion in customer credit, prompting a call for Britons to check their accounts and claim potential refunds using a new online calculator before the end of May; the average credit balance is £215.
Progress
48% Bias Score
Cooling Inflation Impacts HELOC Rates, Reaching Two-Year Lows
March's inflation cooled to 2.4%, impacting HELOC interest rates which briefly fell below 8% before rising slightly to 8.0%, remaining near a two-year low. Homeowners may find HELOCs an attractive alternative to high-interest credit cards for debt consolidation, renovations, or paying down existing ...
Cooling Inflation Impacts HELOC Rates, Reaching Two-Year Lows
March's inflation cooled to 2.4%, impacting HELOC interest rates which briefly fell below 8% before rising slightly to 8.0%, remaining near a two-year low. Homeowners may find HELOCs an attractive alternative to high-interest credit cards for debt consolidation, renovations, or paying down existing ...
Progress
48% Bias Score
Fed Holds Rates Steady, But High Credit Card Interest Persists
The Federal Reserve held interest rates steady on March 18-19, leaving record-high average credit card interest rates (22.80%) unchanged, causing continued financial strain on consumers carrying large balances.
Fed Holds Rates Steady, But High Credit Card Interest Persists
The Federal Reserve held interest rates steady on March 18-19, leaving record-high average credit card interest rates (22.80%) unchanged, causing continued financial strain on consumers carrying large balances.
Progress
56% Bias Score
Showing 1 to 12 of 21 results