Chris Arnold

Chris Arnold appears in the following:

U.S. Credit Card Debt Hits All-Time High, And Overdue Payments Rise For Young People

Thursday, February 13, 2020

Credit card debt hit a new all-time high and delinquencies are rising sharply for younger people. Fortunately, most Americans are in much more solid financial shape than before the Great Recession.

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Graduates Of Historically Black Colleges May Be Paying More For Loans: Watchdog Group

Wednesday, February 05, 2020

Graduates of historically black or predominantly Hispanic colleges might be paying more to borrow money because of where they went to school, according to a report from a financial watchdog.

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Senators To CFPB: Why Are You Still Failing To Protect Student Loan Borrowers?

Thursday, January 30, 2020

Democratic lawmakers sent a letter to the director of the nation's top consumer watchdog agency demanding that the Consumer Financial Protection Bureau do its job supervising the student loan system.

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FICO Is About To Change Credit Scores. Here's Why It Matters

Thursday, January 30, 2020

The firm says 40 million Americans' scores will drop by more than 20 points, and a similar number will rise.

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Don't Be Like Jeff Bezos. Here's How To Keep Your Phone Safe From Hackers

Thursday, January 23, 2020

The world's richest man and high-tech mastermind, Jeff Bezos, allegedly was hacked by the crown prince of Saudi Arabia. What do you need to know to protect your phone from perhaps less royal attacks?

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Myth Busted: Turns Out Bankruptcy Can Wipe Out Student Loan Debt After All

Wednesday, January 22, 2020

Many Americans who get overwhelmed by student loan debt are told student debt can't be erased through bankruptcy. Now more judges and lawyers say that's a myth and bankruptcy can help.

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Life Kit: How To Make Budgeting A Successful New Year's Resolution

Sunday, January 05, 2020

NPR's Life Kit podcast tackles budgeting and how it might even be an enjoyable New Year's resolution.

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Student Loans A Lot Like The Subprime Mortgage Debacle, Watchdog Says

Monday, December 09, 2019

Mike Calhoun rang the alarm bell early on about the subprime mortgage debacle — before reckless lending drove the economy into recession. These days, he's sounding the alarm about student loans.

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Consumer Protection Agency Is Failing Student Loan Borrowers, Lawsuit Says

Monday, November 25, 2019

A nonprofit student loan group alleges that the Consumer Financial Protection Bureau has abandoned its duty to police widespread mismanagement of a loan forgiveness program for public service workers.

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Forgiving Student Debt Would Boost Economy, Economists Say

Monday, November 25, 2019

Democratic presidential candidates want to obliterate student debt. Economists say that could help with income inequality, but it would come with a big price tag and risks.

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How Some Online Lenders Dodge State Laws To Charge Triple Digit Interest Rates

Tuesday, November 12, 2019

Online lenders charging triple digit interest rates are dodging state laws banning such loans. The money is routed through banks that aren't regulated at the state level to get around the rules.

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A Ban On High-Cost Loans May Be Coming

Thursday, November 07, 2019

Some payday loans carry interest rates of 100% or more. The Military Lending Act limits rates on loans to service members. Now, a bipartisan bill aims to extend that protection to all Americans.

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5 Tips For Buying A Car The Smart Way

Thursday, October 31, 2019

So you're thinking about buying a car? NPR's Life Kit has your back. Here are the most important things to know so you don't get in over your head or let a car dealer take advantage of you.

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The 7-Year Car Loan: Watch Your Wallet

Thursday, October 31, 2019

Americans are buying more expensive cars — nearly $38,000 for new cars, on average. And longer-term loans are enabling many people to make the payments, but at a cost.

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23 Senators Demand Investigation Into Mismanagement Of Student Loan Program

Tuesday, October 29, 2019

The senators are calling on the nation's top consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.

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If You Got A 7-Year (Or Longer) Car Loan, We Want To Hear From You

Thursday, October 24, 2019

More car buyers are taking out longer-term loans. And many are rolling over unpaid debt from their last car into their new loans. If you're stretching out your car loan, we'd love to hear from you.

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Senators Press CFPB To Dig Into Problems With Public Service Student Loan Program

Thursday, October 17, 2019

The senators urged the director of the Consumer Financial Protection Bureau to do more to examine problems with a troubled loan forgiveness program, citing an investigative story by NPR this week.

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Exclusive: Turf War Blocked CFPB From Helping Fix Student Loan Forgiveness Program

Tuesday, October 15, 2019

The Trump administration blocked the nation's top consumer protection agency from digging into problems with a program designed to help police, firefighters and other public service workers.

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Consumer Agency Blocked From Fixing Student Loan Forgiveness Program

Tuesday, October 15, 2019

Many public service workers thought they were in line to have their student loans forgiven. They made payments for 10 years only to be told they weren't in the right loan forgiveness program.

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Ecuador Reaches Fuel Subsidy Deal To End Violent Protests

Monday, October 14, 2019

The President of Ecuador has reversed his decision to repeal a decades-old fuel subsidy after gas prices spiked and widespread protests raged for nearly two weeks.

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