Tariffs. Stock market volatility. Looming (?) recession fears.
All of this is leading consumers to rethinking their debt management strategies in profound ways. Economic pressures are prompting many to shift from aggressive repayment tactics to more cautious approaches. Many consumers also plan to shift discretionary spending into a savings account in order to build a financial buffer.
A reminder that on April 11, 2025, new rules go into effect for revocation of consent under the Telephone Consumer Protection Action (TCPA). On April 7, 2025, the FCC issued an Order which partially delays enforcement of one of the more complex aspects of the new rules.
Chief Justice John Roberts has issued a temporary stay of a decision by the U.S. Court of Appeals for the District of Columbia that barred the Trump Administration from firing members of two independent agency boards.
The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.”
One of the most persistent frustrations in consumer finance—especially with subprime portfolios—is figuring out how to educate customers about their financial responsibilities, credit behavior, or available support… when they won’t pick up the phone, reply to texts, or open emails.
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