Category: Consumer debt

Opinion | The CFPB once defended consumers. Thanks to Trump, it now helps companies prey on them instead. – The Washington Post

Opinion | The CFPB once defended consumers. Thanks to Trump, it now helps companies prey on them instead. – The Washington Post

https://www.washingtonpost.com/opinions/2020/08/01/cfpb-once-defended-consumers-thanks-trump-it-now-helps-companies-prey-them-instead/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most

Investors brace for consumer debt defaults if US relief stalls | Financial Times

Investors brace for consumer debt defaults if US relief stalls | Financial Times

Several issues to consider – 1) how much have loan modifications and forbearance artificially suppressed defaults and delinquencies, 2) how many jobs have been permanently lost due to downsizing and company BK, 3) how many jobs are vulnerable to the ebb and flow of reopening economy. The reopening economy jobs should be targeted by directly …

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