You Searched For "consumer debt" and got 19 results
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5 mins read
Debt recovery best practices: Lessons learned from successful business experiences
Debt collection has always been an obstacle-ridden course for most organisations. The steep rise in…
3 mins read
It's getting more and more expensive to use your credit card
The average credit card user has a balance of more than $5,000. Paying it off is getting more expen…
Ben Winck
2 mins read
US consumer debt hit a record $14.3 trillion in the first quarter
"The latest report reflects a time when many of the economic effects of the COVID-19 pandemic were …
Carmen Reinicke
3 mins read
Meet a 33-year-old with nearly $400,000 in debt juggling 4 jobs to pay it all off: 'I work more than I sleep'
A federal worker is carrying nearly $9,000 of monthly debt across credit cards, a mortgage, and stu…
Hillary Hoffower
2 mins read
It Just Got A Lot Easier To Get Debt Collectors Off Your Back
The Consumer Financial Protection Bureau became the third federal agency to take complaints from co…
Mandi Woodruff
2 mins read
It Just Got A Lot Easier To Get Debt Collectors Off Your Back
The Consumer Financial Protection Bureau became the third federal agency to take complaints from co…
Mandi Woodruff
1 min read
US consumer debt fears are overblown as borrowing slows and inflation cools, Moody's chief economist says
Moody's Mark Zandi took a contrarian view to US consumer debt, as many fear that record high debt c…
Zahra Tayeb
1 min read
US consumer debt jumped to nearly $4.1 trillion in May
"The substantial and growing number of distressed borrowers suggests that not all Americans have be…
Gina Heeb
1 min read
The Government Holds More Non-Revolving Consumer Debt Than Banks For The First Time Ever
The surge in student loans, which now account for 28% of total nonrevolving credit outstanding, has…
Matthew Boesler
3 mins read
Occupy's Plan To Cancel Consumer Debt Has Been A Big Success So Far
Of course, even if Rolling Jubilee is a success, in the grand scheme of things it isn't that big a …
3 mins read
Occupy's Plan To Cancel Consumer Debt Has Been A Big Success So Far
Of course, even if Rolling Jubilee is a success, in the grand scheme of things it isn't that big a …
1 min read
This One Chart Shows Why The U.S. Economy Is Finally Recovering...
Morgan Stanley economist Vincent Reinhart has put together an excellent presentation explaining why…
1 min read
Americans are paying nearly as much interest on credit cards and other debt as they are on their mortgages
While homeowners could lock in a 3% mortgage for 30 years not long ago, other kinds of consumer deb…
Yuheng Zhan
4 mins read
How This Couple Bounced Back From $160,000 Of Credit Debt In 3 Years
Maria Nedeva: We were rather irresponsible when it came to managing our money, but this is a simpli…
Mandi Woodruff
3 mins read
Consumers aren't even close to being tapped out. Here's why, and what that means for the stock market.
While $1 trillion in credit card debt might sound like a lot, what really matters is whether or not…
Matthew Fox
1 min read
CHART OF THE DAY: $174 trillion in assets shows that US consumers are in the best financial shape ever
The bulk of the assets held by consumers is made up of stocks and bonds, followed by equity built u…
Matthew Fox
2 mins read
Occupy Wall Street's plan to beat consumer debt has quietly become a success
"Everest College is committing widespread fraud. It targets lower-income students of color, offers …
Ryan Gorman
2 mins read
'Big Short' investor Michael Burry issues a grim warning about runaway consumer debt - and says the stock-market rally won't last
Americans are racking up credit-card debt and tapping their savings in response to inflation, pavin…
Theron Mohamed
2 mins read
Consumer credit card debt tops $1 trillion for the first time ever
The $1 trillion milestone in credit card debt comes at a tricky time for consumers amid a period of…