Federal Trade Commission

Study: 1 in 5 consumers had error in credit report

WASHINGTON (AP) — One in five consumers had an error in a credit report issued by a major agency, according to a government study released Monday: 5% of the consumers identified errors that could lead to paying more for financial products like mortgages.



Bank repossessions hit 9-month high in November

LOS ANGELES (AP) – The number of homes seized by banks reached a nine-month high in November.


Average US credit card debt per borrower up in 3Q

LOS ANGELES (AP) – An analysis of consumer-credit data shows that Americans are carrying more credit card debt and being less diligent about making payments on time. Credit reporting agency TransUnion said Monday that the […]



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