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Frank Tian
Apr 24, 20221 min read
Payday Loan No-Cost Payment Plan
Payday Loan’s No-cost Payment Plan - Few Used Even though the volume dropped 65% Y/Y in 2020 CFPB continues to focus on payday loan’s...
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Frank Tian
Apr 8, 20221 min read
Impact of Payment Pause on Credit Scores of US Student Loan Holders
3 highlights from NY Fed’s latest consumer credit analysis by income: 👉 The lower-income group holds comparable auto loans and student...
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Frank Tian
Apr 6, 20221 min read
US banks Cap the daily # of Overdraft/NSF Fees
Most US banks cap the daily # of overdraft/NSF fees to 3. Even though some could charge up to 8. The trend is to move down to 0. Source:...
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Frank Tian
Apr 2, 20221 min read
🇨🇦 PBO's House Price Assessment
🇨🇦 PBO's House Price Assessment based on Borrowing Capacity Source: House Price Assessment: A Borrowing Capacity Perspective
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Frank Tian
Feb 8, 20221 min read
US Quarterly Household Credit Update
🏦 Latest quarterly Fed report: US household debt up $333 billion in Q4 ‘21. The total debt reached $15.58 trillion. Over $1 trillion...
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Frank Tian
Feb 4, 20221 min read
Q4 '21: Canadian Card Down Significantly
💳 The Canadian credit card balance is still down significantly. 🐢 The speed of recovery is slower than consumer spending. Source: Globe...
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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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