Auto Loan Update
🚗 How is the auto loan doing in 2023 so far? Everything is up. 🟦 Auto Price Up The new car price index continues to climb in May, ...
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Frank Tian
Mar 10, 20231 min read
💸 16 Junk Fee Practices per CFPB
In early 2022, CFPB launched an initiative to target excessive fees charged in consumer finance. On March 8, 2023, the agency published a...
Frank Tian
Mar 4, 20232 min read
BNPL Regulation Update
BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...
Frank Tian
Feb 2, 20232 min read
💰 Why do large banks embrace small-dollar loans?
This is a trend in the making in the last few years - now it caught American Banker’s attention. 🟦 Current State According to the latest...
Frank Tian
Apr 18, 20221 min read
💳 CFPB on Card Late Fee
CFPB published a comprehensive report on credit card late fees on March 29, 2022. In 2020, a total of $12 billion in late fees were...
Frank Tian
Jan 19, 20222 min read
Unsecured Lending Coming on Chain
TransUnion is enabling consumer credit reports on the blockchain. This is achieved via the partnership with Spring Labs. As native...
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