CFPB: Strong Labor Market Brings Down Collections Statistics

February 14, 2023 Kyle G. Horst

“Our analysis of credit reports provides yet another indicator that, due to a strong labor market and emergency programs during the pandemic, household financial distress reduced over the last two years,” said CFPB Director Rohit Chopra.

Previous Article
Share of Homes Bought With Cash Down From November Peak
Share of Homes Bought With Cash Down From November Peak

A new report from Redfin revealed the share of homes bought with cash is down slightly from November but re...

Next Article
Cohabitating U.S. Renters Save a Collective $14,000 a Year

"Even though rent prices are starting to cool, they are still significantly higher than they were a year ag...