Consumer News There’s Good News And Bad News About Household Debt
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Americans losing grip on debt as delinquencies surge and borrowing costs bite
Rising auto, credit card, and student loan delinquencies signal growing financial strain among U.S. households• Younger and lower-income Americans are ... Read More
Consumer Debt Flatlined Again in August Signaling Financial Stress
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. Read More
Not all debt is bad — how to tell the difference between good debt and bad debt
An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ... Read More
American Household Debt Hits Record $18.4 Trillion As Credit Card Balances Surge Nationwide
With household debt reaching historic highs of nearly $70,000 per adult, families face mounting financial pressure. Senate Republicans vote down legislation to check Trump's use of war powers against ... Read More
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