Many Americans are under financial strain as they grapple with rising costs and carry growing balances on mortgages, credit ...
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...
ADA, Okla.--(BUSINESS WIRE)--Foreclosure legal inquiries jumped nearly 30% year-over-year in the second quarter as mounting consumer debt pushed Americans to seek legal help at the highest rate since ...
The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...
Household wealth — the difference between what people own and what they owe — declined by $1.6 trillion in the first three months of the year, according to the Federal Reserve’s June release of its ...
IT’S HELPING FAMILIES, AND WHAT YOU NEED TO KNOW BEFORE YOU SIGN UP. AS WE CAME CLOSER AND CLOSER TO THE END OF PAYING IT OFF, WE JUST FELT BETTER AND BETTER. IAN MOORE SAYS CREDIT CARD BALANCE ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
American households are carrying more debt than ever, and the numbers now rival or exceed what many peers abroad owe. To understand how deep the average American is in the red compared with other ...
For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...