Consumer Financial Protection Bureau’s Taskforce on Federal Consumer Financial Law Releases Its Report

From the Pawnbroker Network: The Consumer Financial Protection Bureau (Bureau) Taskforce on Federal Consumer Financial Law (Taskforce) released a report today with recommendations on how to improve consumer protection in the financial marketplace.

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Consumers, Flush With Stimulus Money, Shun Credit-Card Debt

Rather than rising as expected when unemployment soared amid coronavirus lockdowns, credit-card debt in the U.S. and other advanced economies has dropped. From Wall Street Journal: When unemployment soared this spring at the start of coronavirus lockdowns, credit-card debt and delinquencies were widely…

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