Consumer Debt

Amid The Good (Stock Market) Cheer, Clouds Gather?
Amid The Good (Stock Market) Cheer, Clouds Gather?
December 07, 2017  |  Investments

Nine years is a long time for anything to run — a TV show, your car, a bowling league — especially so the bull market that...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total...

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Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

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Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
June 07, 2017  |  Consumer Finance

With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...

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BoA Says Half Of All Workers Stressed Out Over Money
BoA Says Half Of All Workers Stressed Out Over Money
June 02, 2017  |  Consumer Finance

Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s...

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Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Finances

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

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As Consumers Take On More Debt, Credit Card Losses Rise
As Consumers Take On More Debt, Credit Card Losses Rise
April 27, 2017  |  Debt

As U.S. consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios...

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A Kinder, Gentler Debt Collector?
A Kinder, Gentler Debt Collector?
January 10, 2017  |  Innovation

They say that necessity is the mother of invention. “I came from a poor immigrant background,” said Hanif Joshaghani, cofounder and CEO of Canadian FinTech...

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US Consumer Borrowing Up
US Consumer Borrowing Up
October 10, 2016  |  Consumer Finance

Fueled by school loans and purchases of new cars, U.S. consumers borrowed more in August than they have in almost a year, according to a Bloomberg...

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