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June

21
2023
Industry News

Worker Surveillance Poses Potential Privacy Harms

The CFPB has heard from the public about the risks to workers’ privacy that arise from automated workplace surveillance technology. For many workers, simply going to work to earn a living means putting vast amounts of their vital and personal information into the hands of their employers or third-party technology firms.

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June

21
2023
Industry News

New York could change how medical debt impacts consumers

Credit reporting agencies would be prohibited from collecting medical debt, nor would it be included in a consumer's credit report under legislation that will be heading to Gov. Kathy Hochul's desk.

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June

21
2023
Trends

Special report from S&P Global Mobility: Auto-finance delinquencies rise past Great Recession peak, but…

SOUTHFIELD, Mich., June 20, 2023 /PRNewswire/ -- With American households battling inflation and rising interest rates, auto lenders are seeing increased occurrences of auto-loan delinquencies - but almost entirely in the subprime segment.…

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June

21
2023
Industry News

Americans are facing 'triple trouble' from credit card debt, with more cards, bigger balances, and higher rates than ever

According to the Federal Reserve Bank of New York, total credit card balance stayed around a record $986 billion between fourth quarter 2022 and first quarter 2023. A January Bankrate survey further found 35% of of American adults carry some credit card debt.

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June

20
2023
Industry News

CFPB Report Identifies Issues with Increased Servicemember Use of Digital Payment Apps

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing military families.

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