In the Federal Reserve Bank of New York’s second quarter of 2024, household debt in the U.S. increased by $109 billion, bringing the total to a...
Mounting Credit Card Debt Sends Shockwaves Through U.S. Economy In a sobering financial milestone, Americans now grapple with an unsettling reality: their collective credit card debt...
Rising Credit Card Debt in the U.S.: Causes, Consequences, and Strategies Credit card debt in the United States has reached alarming levels, causing concerns among lenders...
Student debt relief might be on the way for nearly 45 million American borrowers. Student debt was one of the critical points in the American Presidential...
The good debt versus bad debt debate is old and settled, at least that’s what we fought. Forever now, there has been a consensus agreement amongst...
Five essential types of insurance coverage that will encourage American middle-class families to start thinking of insurance planning as part of their holistic financial picture. Murphy’s...
As American household debt rises, credit card fixed-interest loans are becoming a significant percentage. Credit card companies are letting their cardmembers convert part or all of...
Consumers’ balance sheet is not strong; for the second quarter of 2019, America’s total household debt was $13.86 trillion. During a 60-minute interview, JP Morgan Chase’s...
Being underwater on your car loan can feel like you’re sinking financially, but you’re not alone. According to the Federal Reserve Bank of New York, auto...
Bankruptcy is often considered a last resort, a drastic measure for those struggling under the weight of unmanageable debt. In fact, according to a recent study,...