There’s good news and bad news about household debt - ConsumerAffairs

Total household debt in the U.S. reached $17.5 trillion at the end of 2023 but high-interest credit debt totals trail mortgages and auto loans. There’s good news and bad news about household debt ... Read More

What is debt?

“The term ‘debt’ means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance, or services which are the subject of the ... Read More

Debt experts see 'good news, bad news' scenario playing out - Baltimore Sun

WalletHub’s new report, based partially on a consumer credit report published Friday by the Federal Reserve, shows the per-household debt is nearly $11,000. The bad news is that Americans keep ... Read More

Debt, Data, and Danger Signs: The State of the U.S. Consumer

NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch! Read More

Is Consumer Debt’s Steady Climb Good or Bad for Investments?

U.S. consumer debt has been on a steady climb, with the latest data showing a surge of $11.4 billion during May 2024. This trend raises concerns about a potential "crowding out" effect on ... Read More

Credit & Debt - News, Tips, and Insights - Fox Business

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found. January 16 ... Read More

How to qualify for debt relief in 2025 - CBS News

Understanding what debt relief options you qualify for is a big part of getting rid of your debt in 2025. Getty Images We may be just a couple of months into the new year, but there has already ... Read More

How to Use Debt to Build Wealth | Family Finance - U.S. News

According to the Federal Reserve Bank of New York, total American household debt equaled $16.51 trillion in the third quarter of 2022, a 2.2% increase over the second quarter of the year. But ... Read More

'There Is Good Debt And There Is Bad Debt' - Suze Orman Breaks Down Credit Cards, Car Loans, Student Debt, And Mortgages - Yahoo Finance

When it comes to managing money, Suze Orman says understanding debt is a critical first step — especially for anyone hoping to improve their financial health. On a recent episode of her "Women ... Read More

Credit card balances fall, but many Americans still struggle with costly debt cycle - WBFF

Credit card balances for Americans now stand at $1.18 trillion, while total household debt increased by $167 billion to reach $18.20 trillion in the first quarter. Read More

Household Debt Surges at Fastest Pace Since 2007

Total household debt has risen by $2.75 trillion since the end of 2019, according to the Federal Reserve Bank of New York, led by growing mortgage balances and a spike in revolving credit card ... Read More

US Consumer Debt Delinquency Hits Highest in Almost Five Years

Some 3.6% of debt was delinquent in the final three months of 2024, the most since the second quarter of 2020, the New York Fed said Thursday in its Quarterly Report on Household Debt and Credit ... Read More