Sign in
Stories
Record Credit Card Debt and Inflation Drive Consumers to BNPL and Digital Wallets
Share
CFPB Reveals Financial Challenges
Consumer Credit Challenges and Payment M...
BNPL Holiday 'Hangover' Concerns Rise Am...
BNPL Late Fee Trend in UK
BNPL Late Payment Fees Plague Young Brit...
Overview
API
High inflation and record credit card debt are causing consumers to turn to buy now, pay later (BNPL) options and digital wallets. The Consumer Financial Protection Bureau (CFPB) is addressing the problem of erroneous medical debt collection, with 15% of complaints being about debt collectors trying to settle alleged unpaid medical bills. Additionally, the CFPB is addressing the increasing burden of credit card debt.
Ask a question
How can consumers effectively manage their credit card debt?
How can the CFPB further protect consumers from erroneous medical debt collection?
What are the potential consequences of the increasing burden of credit card debt?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Coverage