WASHINGTON–The Federal Trade Commission reported it has taken action against credit services company Credit Karma for “deploying dark patterns” to misrepresent that consumers were “pre-approved” for credit card offers.
Fresh Today
NEW YORK—U.S. consumers may love rewards cards, but a new analysis suggests most aren’t using most of the rewards they’ve accumulated.
NEW YORK—Black Americans are more likely than White Americans to invest in cryptocurrency, a new study reveals.
WASHINGTON–New data show job growth slowed down in August, but analysts see good news in the new numbers, which one credit union economist described as “plenty strong.”
ALEXANDRIA, Va. –NCUA has awarded more than $1.5 million in Community Development Revolving Loan Fund grants to help 90 low-income credit unions expand outreach to underserved communities, participate in mentoring relationships, receive training, and improve digital services and security.
WASHINGTON–The Federal Housing Finance Agency said it plans to launch this fall a review of the structure and role of the Federal Home Loan Banks, including whether to expand services to include nonbank mortgage companies and real-estate investment trusts.
WASHINGTON–A group of congressional Democrats wants to investigate a fintech that is offering buy now, pay later (BNPL) financing to the gun industry in which one company that uses the service promotes as “Buy Now, Shoot Later.”
PHILADELPHIA–With college football already underway this year and the NFL kicking off its season this weekend, a new survey offers insights into whether inflation will affect sports betting and whether people are going into card debt to do so.
CHARLOTTE, N.C.–Bank of America is piloting a new program that offers mortgages to Black and Latino first-time homeowners that do not require down payments, minimum credit scores or closing costs.
NEW YORK-Researchers at Goldman Sachs have released a new paper that now forecasts that activity in the U.S. housing market will end 2022 down across the board.