Despite a considerable uptick in demand and sales for the U.S. auto industry, consumers seem largely pessimistic about the ability to finance a new vehicle. According to a survey released Friday by FreeScore.com, roughly two-thirds of Americans believe it will be just as difficult, or even harder, to obtain an auto loan this year compared to last.W...
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While newer laws now vary on a state-by-state basis on the use of consumer credit reports when hiring employees, background checks are becoming more prominent, and with good results.
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As the U.S. auto market continues its months-long rebound, consumers are weighing their options of where to buy, and how they'll finance their purchases. According to a report released this week by J.D. Power and Associates, vehicle owners are considerably more satisfied with the service at dealer facilities than at independent service centers....
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Occupy Wall Street's Alternative Banking Group recently sent a letter to the Consumer Financial Protection Bureau (CFPB) urging stricter oversight of consumer credit bureaus, The Washington Post reports.The suggestion comes on the heels of the CFPB's increased power under the Fair Credit Reporting Act.The recommendation that the CFPB should...
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It's often the hope of economists that market downturns lead to greater frugality and financial education among the affected public. It may still be too early to tell if the recession will have such an impact, but a new survey of finance writers suggests at least one age group is learning.A report released Thursday by PerkStreet Financial found...
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