Household debt reached a record high in July as balances on credit cards, auto loans, and other credit continued to mount.
The increase puts Americans' credit card debt at a record $1.14 trillion. And it's not just the high amount that Americans collectively owe; it's also getting harder for consumers to pay their ...
A new report reveals Americans now have a whopping $1.14 trillion in credit card debt, which is a 5.8% increase from just a year ago ...
MMI is a nonprofit organization that provides free financial counseling and debt management services. They work directly with credit card companies to negotiate lower interest rates and consolidate ...
Millions of Americans are falling behind on student loan payments a year after the pandemic freeze ended – and soon that will ...
In a country already grappling with economic upheaval, Türkiye now faces a mounting crisis of personal debt. Credit card ...
Credit card borrowing was the biggest contributor to rising debt as outstanding balances hit C$122bil. The average ...
A recent study by Bankruptcy Canada has revealed alarming trends in Canadian household debt and insolvency. Canadian households have accumulated a record $2.41tn in debt, with 26 percent, or $626.6bn, ...
After two days of record sales in the US blue-chip corporate debt market, another 11 companies are looking to sell bonds on ...