Latest posts
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RentGrow Tenant Screening Settlement: What Renters
The RentGrow tenant screening settlement proposes a $2.25 million penalty over alleged reporting and dispute failures. The proposed order awaits court approval, and officials announced no consumer refund program. By Shailendra Singh Published: August 17, 2026 Key Facts The proposed settlement includes a $2.25 million civil penalty and new compliance requirements. The FTC alleges duplicate…
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Student Loan Auto Pay Discount Hits 1%: Sept. 30 Deadline
The student loan auto pay discount gives qualifying Direct Loan borrowers a one-percentage-point reduction through June 30, 2028. Existing qualifying users need no action; others must enroll by September 30, 2026, while private loans remain excluded. By Shailendra Singh Published: August 17, 2026 Key Facts The total auto-pay reduction rose from 0.25 to one percentage…
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Mortgage Rates Dip to 6.67%—But Stay Above 2025
Freddie Mac’s latest survey puts the average 30-year fixed mortgage rate at 6.67%, down two basis points weekly. The figure covers selected conventional purchase applications and is not a quote available to every borrower. Key Facts The 30-year average fell to 6.67% from 6.69%, but remained above last year’s 6.58%. The 15-year average fell to…
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Credit Card Debt Rises to $1.26T—but It Is Not a Record
New York Fed data show U.S. balances rose $21 billion in Q2, reaching $1.263 trillion. Interest-paying cardholders face a 22.15% average bank APR, but aggregate data cannot show individual hardship. Key Facts Balances rose $21 billion, but remained $14 billion below Q4 2025’s total. The annualized flow into serious delinquency was 6.97%, versus 6.93% one…
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CFPB Complaint Narratives: What Changes Now
Updated: August 20, 2026 CFPB complaint narratives will no longer be published in the Consumer Complaint Database under a policy change announced August 14, 2026. The Consumer Financial Protection Bureau says it is also ending associated public visualizations, but consumers can still submit complaints and the agency says it will continue processing and monitoring them.…