The Latest Debt & Finance Blog
Credit card use has increased as the nation continues to work its way out of the pandemic. According to the Federal Reserve Bank of New York, credit card bills rose…
The rules governing repayment of federal student loans contain so many nooks and crannies that it shouldn’t come as a surprise that you may have missed one created during the…
Is there a fourth stimulus check on the way? The success the federal government has had in helping Americans endure the economic disarray caused by the COVID-19 pandemic has prompted…
The average Joe – not Biden – figures to benefit most from passage of the $1.9 trillion American Rescue Plan. Approximately 145 million Americans will receive a third round of…
Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75…
President-elect Joe Biden unveiled the American Rescue Plan, a $1.9 trillion war on the prolonged suffering of Americans hardest hit by coronavirus. Included in his proposal: a fresh round of…
The second COVID-19 relief bill is now law – all 3,126 pages of it. The people in Congress who passed it admit they don’t know what all is in it,…
If you haven’t looked at your bank account this week, now might be a splendid time. The long wait for a second stimulus check from the U.S. government finally is…
A second stimulus check – the financial gift from the U.S. government to help consumers recover from the economic belt coronavirus gave the American economy – needs only a signature…
You don’t have to catch the virus to get harmed by COVID-19. As soon as the pandemic hit, scams arose to take advantage of people’s fears. In 2020, Americans have…
Sources:
- N.A. (2021, November 9) Total Household Debt Climbs to Over $15 Trillion in Q3 2021, Driven by New Extensions of Credit. Retrieved from https://www.newyorkfed.org/newsevents/news/research/2021/20211109
- Delgado, M. (2021, September 13) The Pandemic Has Plunged Americans Into Severe Credit Card Debt: 2021 Data. Retrieved from https://inside1031.com/credit-card-debt-2021/
- Taylor, C. (2021, September 27) As Americans spend, credit card debt is ticking back up, Retrieved from https://www.reuters.com/business/finance/americans-spend-credit-card-debt-is-ticking-back-up-2021-09-27/
- Johnson, A. (2021, September 27) Poll: COVID-19 causes debt surge for some consumers. Retrieved from https://www.bankrate.com/finance/credit-cards/credit-card-debt-poll/