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#consumercredit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #consumercredit, aggregated by home.social.

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  1. @OutOfSpace

    The most interesting part is how the whole thing has been hidden in plain sight.

    #ConsumerCredit reached an all time high under the #Biden/ #Harris administration in the #USA. And while they tried to mitigate that somewhat by for instance restructuring programs for #StudentLoans, the double #burden of stagnating #wages and rising #inflation has pushed many households over the edge.

    Now #Trump is adding way more inflation to the mix & laying off tens of thousands of govt #workers.

  2. #IllegalDrugs and #Banks -- a perfect combination for enslaving populations -- either by getting them addicted to illegal narcotics and/or ruining their lives financially!

    #TDBank executives oversee $670 million drug money laundering scheme, avoid jail

    Judd Legum and Rebecca Crosby
    Oct 21, 2024

    popular.info/p/td-bank-executi

    CFPB Orders TD Bank to Pay $28 Million for Breakdowns that Illegally Tarnished #ConsumerCredit Reports

    TD Bank’s #illegal behavior threatened the ability of tens of thousands of #consumers to access #credit, #housing, and #employment

    consumerfinance.gov/about-us/n

    #BreakUpBigBanks #BigBanks #Corruption #Banksters

  3. @eUSASenate
    @US_HouseReps

    All 3 Credit Reporting agencies are a train wreck. They have NO business having, storing, and / or using anyone's data. They could not locate their own backsides using their own 2 hands! Geebus, there has GOT to be a better way!

    #CONGRESS DO SOMETHING USEFUL FOR ONCE!

    #Credit #TransUnion #Equifax #Experian #ConsumerCredit

  4. Why northern #Europe is so #indebted - #TheLoop

    "If we consider #ConsumerCredit, the #welfare-#debt theory makes sense again. While consumer credit is more the exception than the norm in Europe, and almost absent in the #NordicCountries, it is common in #Anglo-liberal countries (#UK, #US and #Canada) where it is used by families as a substitute for poor #welfare provision."

    theloop.ecpr.eu/why-northern-e