As mortgage rates and housing costs continue to be closely scrutinized, delinquency on some payments feels inevitable. But in certain states, homeowners are struggling less to meet their payments as other locales across the nation see sharp increases in delinquency ...

A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates. New data published by the Federal Reserve Bank of Philadelphia shows that credit card delinquency rates ...

BALTIMORE — The U.S. Senate Permanent Subcommittee on Investigations (PSI) issued a 62-page report on Zelle’s “insufficient consumer protection” when users lost money to scammers. Despite a legal mandate to reimburse fraud, the committee found consumers who reported scams were ...

Potentially tens of thousands of homeowners are suddenly facing possible foreclosure, after making mortgage payments on time for years. Many "zombie" mortgages date back to the 2008 financial crisis. Consumer advocates warn a new wave of "zombies" could be on ...

In This Article: AXP-2.74% Q2 EPS Increased 44% to $4.15, or 21% to $3.49 Excluding a Transaction Gain1 Revenue Grew 8% (9% FX-Adjusted2) to Record $16.3 Billion NEW YORK, July 19, 2024--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported second-quarter ...

Provisions for credit losses rose at JPMorgan, Citi, Wells Fargo, and Bank of America last quarter By Rocio Fabbro PublishedYesterday : People walk past a Citibank in New York City on Oct.14, 2022. Photo: Michael M. Santiago (Getty Images) With ...

In July, 122,507 consumers harmed by BrightSpeed Solutions and its founder, Kevin Howard, will begin receiving refund checks in the mail. The CFPB brought a lawsuit against the privately-owned, third-party payment processor and its founder, Kevin Howard, for knowingly facilitating ...

Car owners are having a hard time hanging onto their vehicles in the midst of an economy with soaring interest rates. According to Cox Automotive, the volume of repossessed vehicles at Manheim auctions, the largest wholesale marketplace, is up 23% ...

US banks are scrambling to recover from a massive computer outage that’s disrupting financial transactions around the world. Customers at JPMorgan Chase, Bank of America and Wells Fargo are reporting major, ongoing outages, according to the network tracking service DownDetector. The ...