Thursday , 21 January 2021

CFPB Report: Effects of COVID-19 on Mortgage Loans, Other Debt

The Consumer Financial Protection Bureau (Bureau) this week issued a report examining the effects of the COVID-19 pandemic on consumer credit through June. The report focused on mortgage, student and auto loans, and credit card accounts since March. Based on credit record data, the Bureau’s research found that consumers have not experienced significant increases in …

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