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‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule
New York Times· 6 hours agoThe Consumer Financial Protection Bureau, which has been scrutinizing the alternative loans for more than two years, ruled that “buy now, pay later” lenders were ...
Should you pay off your car loan early? Or is it smarter to wait?
Bankrate via Yahoo Finance· 3 hours agoThat’s especially the case with credit cards, certain personal loans and short-term debt. Even if...
Chopra remarks on how less credit reporting competition may lead to higher mortgage costs | JD Supra
JD Supra· 2 days agoOn May 20, CFPB Director, Rohit Chopra, delivered a speech at a trade association event addressing the rising costs in the mortgage lending industry, which may be due to limited competition ...
Actor Johnny Wactor was killed during catalytic converter theft: How to protect vehicle
Detroit Free Press via Yahoo News· 2 days agoAngeles to see it up on a floor jack with three people stealing his catalytic converter, Los...
How a paperwork glitch is hurting student loan borrowers’ credit scores
Washington Post· 2 days agoWith an eye toward purchasing her first home, Alexandra Pimentel was religiously checking her credit...
CFPB Subjects Certain BNPL Products to Credit Card Requirements | JD Supra
JD Supra· 12 hours agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule indicating that certain Buy Now, Pay Later (BNPL) products are subject to certain ...
How to manage a semi-truck business loan
Bankrate via Yahoo Finance· 6 hours agoFactors considered in your business credit score include: Credit usage New credit Payment history Size of business Time in...your lender ...
How a paperwork glitch is hurting student loan borrowers’ credit scores
Anchorage Daily News· 2 days agoWith an eye toward purchasing her first home, Alexandra Pimentel was religiously checking her credit...
What exactly goes into closing costs?
CNN Business via AOL· 1 day agoElevated interest rates and pricier listings have made it even harder to afford a new home. But there is an often-overlooked expense when buying a home:...
CFPB Releases RFI on Mortgage Closing Costs | JD Supra
JD Supra· 12 hours agoThe seven-page RFI provided nine questions about the impact of closing costs, and how they relate to borrowers and the mortgage market. The RFI follows CFPB’s March blog post on housing “junk ...