WASHINGTON, Jan 5 (Reuters) - Two groups representing auto dealers said on Friday they had filed a legal challenge to the Federal Trade Commission's new sweeping consumer protection regulations finalized last month.
Some types of debt can haunt you. “Buy now, pay later” loans, especially, can be hard to track, making it easier for more consumers to get in over their heads, some experts say — even more than credit cards, which are simpler to account for, despite sky-high interest rates.
St. Paul, Minn. – Predatory payday loans are a thing of the past in Minnesota thanks to recent law change that into effect on January 1. The new law, a result of legislation authored by Senator Judy Seeberger (DFL-Afton), will cap the interest rates on these loans to help prevent Minnesotans from falling into debt traps.
The Federal Trade Commission issued its biennial report to Congress on the National Do Not Call (DNC) Registry that shows the number of consumers who have placed their telephone numbers on the Registry over the past two years has reached more than 249 million.
Although Americans helped stave off a recession in 2023 by spending enough to propel economic growth, it has come at a cost: Nearly half of consumers say they are carrying credit card debt, according to a new survey from Bankrate.
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