But these latest statistics on debt arrive amid heightened questions about how consumers are holding up in an environment marked by persistent inflation. While the big picture generally indicates ...
Americans' $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Credit-card balances climbed under inflation's weight - but the share of debt lapsing into 30-day delinquency just declined for the first time in roughly three years Americans are still building up ...
Herb Stein famously said that if something cannot go on forever it will stop. He might very well have been talking about the unsustainable debt situations of the United States, Japan, and France. All ...
London (CNN) — The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has warned.
The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...
Retiree debt is rising fast, and there's one type, in particular, that is causing issues among older Americans.
America is now almost $35 trillion in debt. That means every American owes $100,000. President Joe Biden's administration doesn't care. They want to spend more. Already they are spending so much that ...
Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...
LONDON (Reuters) - Figures show that, as a nation, we worked the first 83 days of this year just earning enough money to service the interest on our personal debts. Almost all of our January, February ...
Medical debt imposes a crushing burden on millions of Americans. More than 40 percent of Americans owe medical debt, with 18 percent owing $2,500 or more. Concerned by this issue, states and local ...
The wise minds at Moody’s Investors Service finally acknowledged last month what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...
The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...
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