New program is designed to assist customers with debt…
Wells Fargo & Company, one of the nation’s largest and most stable banks, unveiled tools to help consumers reduce their debt, use credit more wisely and save money with the one-of-a-kind Wells Fargo Debt Pay Down Solution®. According to Ron Shevlin, senior analyst at Aite Group, “The Debt Pay [...]

Recent report by TransUnion shows rise in debt and delinquency…
A 2008 third quarter report released by TransUnion provides an analysis of trends in the lending industry focusing on credit card, auto loan and mortgage data. TransUnion’s Trend Data is a one of a kind database consisting of 27 million anonymous consumer records with more than [...]

New product could change the way you make online purchases…
How can a merchant know that online purchases are being made by the person the buyer claims to be? Equifax, one of the three major credit reporting agencies, is attempting to deal with the issue with the introduction of a new product that will prove the identity of consumers making [...]

Study shows the number of online credit card applications declined…
A leading company that provides a comprehensive view of changes in consumer spending, usage and loyalty in light of the current economy, as well as trends in online and mobile banking, comScore, Inc., recently released the results of a study of the online credit card industry. The [...]

After numerous government bailouts, an attempt to help consumers…
As consumers watch the ongoing auto and financial industry bailout debates, consumers continue to wonder: “What about us?’ Well, it appears that the government is starting to direct its attention to the average consumer with the introduction of a new plan called the “Term Asset-Backed Securities Loan Facility”, or [...]