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 ...
The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...
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 ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
Consumer debt in the U.S. continues to soar. A report from the Federal Reserve shows Americans had a combined debt of $4.82 trillion in February. That's an increase of about $15 billion since January.
Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...
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 ...
When Ciara Zurita-Jackson started sharing details about her credit card debt with internet strangers last year, she was doing it to hold herself accountable. Growing up, Zurita-Jackson wasn’t taught ...
One exception where you may be on the hook is if you cosigned the loan, like Elena did with Marcus’s $10,000 personal loan, ...