Latest Updates Around The World
As we enter 2026, many of us are reevaluating our spending habits and looking for ways to simplify our lives. The No Buy 2026 Challenge is more than just a budget exercise: it is a commitment to conscious consumption, financial growth and sustainability. Whether you want to escape impulse buying, save for an important goal, […]
Quick answer: Two new federal lawsuits allege Experian and Equifax are providing consumers with incomplete “summary” credit reports through AnnualCreditReport.com instead of the full disclosure of files required by federal law. The lawsuits allege that the agencies withhold full account numbers, payment histories and internal codes — making it impossible to identify or dispute errors […]
Quick answer: The CFPB has set the maximum fee credit bureaus can charge for credit file disclosure at $16 by 2026, up from $15.50 in 2025. But most consumers would never have to pay this fee. You are entitled to free weekly credit reports from all three bureaus AnnualCreditReport.complus additional free copies in specific situations […]
Quick answer: A California woman lost $81,000 in cash and was manipulated into selling her paid-off house at a steep discount after scammers used AI deepfake video of actor Steve Burton to convince her she was in a relationship with him. The scam used persuasive AI-generated video calls and voice messages that her family said […]
Quick answer: Debt collection complaints increased 200% per capita in 2025 compared to the previous year, with more than 400,000 Americans filing reports with the FTC. About half described the calls as intimidating, fraudulent or threatening. Texas, Georgia and Florida had the highest complaint rates. Know your rights: Collection agencies must validate the debt within […]
Quick answer: Data from the New York Federal Reserve shows that mortgage delinquencies in the lowest-income zip codes increased sixfold between 2021 and the end of 2025 — from about 0.5% to 3.0% — while the wealthiest neighborhoods barely budged. Rising unemployment and falling home values are hitting lower-income communities the hardest, creating a K-shaped […]
Quick answer: A new survey of 5,000 Americans found that 87% believe the US is in a full-blown cost-of-living crisis. Half have difficulty paying bills on time or buying groceries. Nearly 4 in 10 have moved because their area became too expensive. And 73% of those expecting a tax refund say they need it more […]
The Reserve Bank of India (RBI) on Tuesday issued strict draft guidelines regarding deregistration of Type 1 non-banking finance companies (NBFCs) with less than ₹1,000 crore in assets. The regulator has requested public feedback on the draft guidelines by March 4, 2026. As per the draft norms, type-1 NBFCs have till September 2026 to apply […]
Satishwar B., MD and CEO, Bandhan Life Insurance | Photo credit: DEBASISH BHADURI Bandhan Life Insurance, the life insurance arm of the Bandhan Group, expects ULIPs to continue to account for around 30 percent of annual premium equivalent (APE) going forward. The private sector insurer on Tuesday announced a new Unit Linked Insurance Plan (ULIP) […]
