A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...

Breaking the myths that blame individuals for poverty and tackling the barriers holding communities back create opportunities ...

Living paycheck-to-paycheck doesn’t just affect those with low incomes. Studies show it impacts people in all income brackets ...

The banking sector has become a central player in the political arena. This creates a situation where key policy decisions – ...

With something like this, we need to be very careful on it and make sure we’re protecting people out there and at the same time possibly allowing the businesses to move forward in the state,” Rep.

Recent Experian data showed that the average consumer debt balance in 2024 was $105,056, slightly up 0.8% from $104,215 in ...

If you ignore debt or pay the least amount on a high-interest debt, you could end up trapped in a cycle of financial struggle ...

It’s become increasingly common for high-cost payday lenders to attach various “fees” to loans provided to borrowers and ...

Payday lenders took in $2.4 billion in fees from cash-strapped consumers in a single year, a report from the Center for ...

As representatives of organizations dedicated to the financial stability of workers and consumers, we urge lawmakers to ...

If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for ...

Instead, it's bound to cut off higher-risk borrowers from traditional credit and drive them into the arms of payday lenders and loan sharks. "Working Americans are drowning in record credit card ...