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Credit scores in America just hit a record high — now for the bad news

A new report from Experian found that the average FICO Score in the U.S. reached an all-time high in 2019 of 703......»»

Category: topSource: marketwatchJan 14th, 2020

Credit Suisse hit with $6.5 million U.S. fine for supervisory lapses

The U.S. Financial Industry Regulatory Authority (FINRA) and major exchanges have fined Credit Suisse's U.S.-based securities business $6.5 million for supervisory failings, FINRA said late on Monday......»»

Category: topSource: reutersDec 24th, 2019

Managing Your Credit Card Balances: Rod Griffin Of Experian

ValueWalk’s interview with Rod Griffin, the Director of Public Education at Experian. In this interview, Rod discusses Experian Credit Works for consumers to keep a track of their credit scores, natio.....»»

Category: blogSource: valuewalkAug 16th, 2019

Equifax"s data breach settlement: Everything you need to know

The credit bureau's $700-million settlement resulting from its 2017 data breach is leaving many consumers confused. The credit bureau's $700-million settlement resulting from its 2017 data breach is leaving many consumers confused......»»

Category: topSource: latimesAug 4th, 2019

Average mortgage debt climbs in Phoenix

The average mortgage debt held by Valley and Arizona residents has risen this year, according to a report from credit bureau Experian. The average homeowner owed $216,513 on their mortgage in Phoenix during the first quarter of 2019. That represen.....»»

Category: topSource: bizjournalsJul 29th, 2019

What the Equifax data breach settlement means for you

Two years after a major data breach exposed the personal information of around 147 million Americans, the credit bureau Equifax has agreed to pay at least $650 million to resolve consumer claims.....»»

Category: topSource: moneycentralJul 22nd, 2019

What the Equifax data breach settlement means for you

Two years after a major data breach exposed the personal information of around 147 million Americans, the credit bureau Equifax has agreed to pay at least $650 million to resolve consumer claims.....»»

Category: topSource: moneycentralJul 22nd, 2019

Equifax Strikes a $671 Million Deal Over 2017 Data Breach

Credit-reporting bureau Equifax has settled a host of investigations by federal and state authorities for $671 million, the largest settlement ever related to a breach of consumer data......»»

Category: blogSource: 247wallstJul 22nd, 2019

Older Americans had a 40-point drop in their credit score in the 10 years since the Great Recession

Experian analyzed credit scores between 2008 and 2018 and had some alarming results......»»

Category: topSource: marketwatchMay 25th, 2019

These Americans had a 40-point drop in their credit score after the Great Recession (and it’s yet to recover)

Experian analyzed credit scores between 2008 and 2018 and had some alarming results......»»

Category: topSource: marketwatchMay 24th, 2019

JPMorgan Chase will invest $125 million in programs to encourage people to save money

JPMorgan Chase & Co will provide $125 million over the next five years to nonprofit groups in the United States and abroad that help people save, pay down debt and improve their credit scores, the bank said on Wednesday......»»

Category: topSource: reutersMay 15th, 2019

EU watchdog fines Fitch record 5.13 million euros

The European Union's markets watchdog has fined credit rating agency Fitch a record 5.13 million euros ($5.78 million) for breaching rules aimed at avoiding conflicts of interest......»»

Category: topSource: reutersMar 28th, 2019

Citi will repay $335 million to customers over interest rates

Citigroup has agreed to repay customers $335 million to settle U.S. Consumer Financial Protection Bureau claims that the bank cheated customers by failing to review and adjust credit-card interest rates, the regulator said in a statement Friday......»»

Category: topSource: moneycentralJun 29th, 2018

Citi will repay $335 million to customers over interest rates

Citigroup has agreed to repay customers $335 million to settle U.S. Consumer Financial Protection Bureau claims that the bank cheated customers by failing to review and adjust credit-card interest rates, the regulator said in a statement Friday......»»

Category: topSource: moneycentralJun 29th, 2018

Credit Suisse fined $77 million over "relationship hires" in Hong Kong

Credit Suisse was fined $47 million by the Department of Justice and ano.....»»

Category: topSource: marketwatchJul 5th, 2018

Credit Suisse fined $10 million over customer orders by SEC, New York attorney general

Credit Suisse was fined $10 million by the Securities and Exchange Commission and the New York attorney general over how the bank handled retail customer orders.....»»

Category: topSource: marketwatchSep 28th, 2018

Credit Suisse is fined $10 million in U.S. over customer orders

Credit Suisse Group AG was fined $10 million on Friday by the U.S. Securities and Exchange Commission and New York Attorney General Barbara Underwood over its handling of retail customer orders, including through its dark pool......»»

Category: topSource: reutersSep 28th, 2018

Credit Suisse (CS) Agrees With $10M Settlement for U.S. Probe

Credit Suisse (CS) to pay penalty of $10 million for misleading clients related to its retail execution services business, including through the company's dar.....»»

Category: worldSource: nytOct 1st, 2018

Experian credit freeze flaw may have revealed your PIN to fraudsters

The credit bureau’s process to retrieve a PIN that safeguards a frozen Experian credit report had a security defect that's since be.....»»

Category: topSource: usatodayOct 5th, 2018

The Wall Street Journal: Mastercard is fined $650 million by the European Union

The European Union fined Mastercard €570.6 million ($648.2 million) over charges it artificially raised the costs of card payments inside the bloc, continuing a European crackdown on U.S. credit-card companies over fees......»»

Category: topSource: marketwatchJan 22nd, 2019