Key Takeaways Consumer credit jumped to another record high in July, rising far more than economists expected. More people ...
A new report reveals Americans now have a whopping $1.14 trillion in credit card debt, which is a 5.8% increase from just a ...
Some consumers might not see any reduction in rates on credit cards because they're dealing with penalty rates that won't fall with Fed cuts rates.
MMI is a nonprofit organization that provides free financial counseling and debt management services. They work directly with credit card companies to negotiate lower interest rates and consolidate ...
A recent study by Bankruptcy Canada has revealed alarming trends in Canadian household debt and insolvency. Canadian households have accumulated a record $2.41tn in debt, with 26 percent, or $626.6bn, ...
While this elite group benefited from surging stock prices, their gains are markers of steady investing over time and having ...
In a country already grappling with economic upheaval, Türkiye now faces a mounting crisis of personal debt. Credit card ...
After two days of record sales in the US blue-chip corporate debt market, another 11 companies are looking to sell bonds on ...
This article is part of Forbes Advisor’s series, “Exploring the Fragile Underbelly of a Strong Economy,” where we delve into ...