Consumer News How Close Is The U S To A Debt Crisis

Debt: The Consumer's Growing Curse

So, let's take a look at the consumer debt landscape. Total household debt increased by just over one percent in Q3 from the prior quarter to an all-time record of $18.59 trillion. Mortgage debt ... Read More

Opinion | The U.S. already has a medical debt crisis. Republicans are making it worse.

Unless Republicans act to extend tax credits for plans under the Affordable Care Act, average premiums for ACA marketplace plans will more than double. Read More

US Consumer Delinquencies Climb as Student Debt Goes Unpaid

The share of US consumer debt in delinquency rose in the third quarter to the highest level in more than five years as unpaid student-loan balances continued to surge. Read More

OP-ED: Ohio Should Make Debt-Settlement Easier

Household debt has reached record levels across the United States, and Ohio families are feeling the financial strain. According to recent Federal Reserve reports, young Ohioans now carry ... Read More

US debt crisis deepens: Families now owe a record $18.6 trillion as credit cards, mortgages hit all-time highs

U.S. household debt has jumped to a record $18.59 trillion. The bulk of household debts are due to mortgage debt, credit card debt, student loans, auto loans, as per a report. In the last 12 months, ... Read More

I'm Betting Big On What Everyone Else Fears - The U.S. Consumer

U.S. consumers feel the pinch as inflation rises. Click here to read why I am focusing on high-quality, consumer-related value stocks and REITs. Read More

'It's really a political problem': Ray Dalio on the U.S. debt crisis

The U.S. debt has reached $37 trillion. NPR's Steve Inskeep speaks with billionaire and hedge fund manager Ray Dalio about the ramifications of the debt crisis. Ray Dalio has been prominent in the ... Read More

Trump team takes aim at state laws shielding consumers’ credit scores from medical debt

The Trump administration took another step Tuesday to weaken protections for Americans with medical debt, issuing new guidance that threatens ongoing state efforts to keep that debt off consumers’ ... Read More

'It's really a political problem': Ray Dalio on the U.S. debt crisis

Ray Dalio has been prominent in the business world for decades. Now he's reached the stage where he says it's time to give advice. RAY DALIO: I'm in the transition phase of life. I'm in the mentoring ... Read More