The indebtedness of American households has surged in the last few years amid a challenging economic environment for consumers that has contributed to delinquency rates rising to their highest levels ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
On December 9, the Consumer Financial Protection Bureau (“CFPB”) issued an advance notice of proposed rulemaking(“ANPR”), seeking stakeholder input regarding amending the definitions of “identity ...
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 ...
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five years, according to a Federal Reserve Bank of New York report. Some 3.6% of ...
And total household debt now exceeds $18 trillion. In the US Capitol, an unstoppable force is about to meet an immovable object—respectively, Republicans’ insatiable desire for tax cuts and the nation ...
Credit card debt and mortgage rates are elevated. High interest rates and home prices have made housing unaffordable for average Americans, leading to a slowdown in existing home sales. Consumer ...
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