The Latest Debt & Finance Blog
Long after the holiday season ends, you might be left with more than just happy memories. If you’re like roughly a third of U.S. adults, you go over budget during…
American consumers owe a record $1.023-trillion in revolving credit – mostly through credit-card debt – and with interest rates expected to rise in 2018, financial experts predict the problem will…
If you’re one of the millions of Americans for whom payday can’t come soon enough, technology is catching up with your dreams. Uber, McDonald’s and Outback Steakhouse are among a…
Military veterans are more likely to suffer through credit problems, underwater mortgages and late house payments than the civilian population. Those are some of the findings from a 2017 analysis…
Would you like to save an extra $1,000 in 2018? Maybe you should eliminate that latte on the way to work. How about earning an extra $3,000? That can easily…
The recent data breach at Equifax, one of the three major credit reporting bureaus, has created an uncomfortable situation for the more than 145 million American consumers whose personal information…
In the words of rapper/philosopher Jay Z: “You can’t knock the hustle.” Millennials are having to hustle to pay their student loan debt. Over 44 million American have student loan…
The Consumer Financial Protection Bureau, which prides itself on being the watchdog for U.S. consumers, has been snarling at America’s three major credit bureaus for a while and finally decided…
Data shows that homeownership among millennials is down, but that doesn’t mean they aren’t interested in buying a home. In the last two decades, homeownership in the U.S. has declined…
You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…
Sources:
- N.A. (2020, August 28) How long can I keep a low rate on a balance transfer or other introductory rate? Retrieved from https://www.consumerfinance.gov/ask-cfpb/how-long-can-i-keep-a-low-rate-on-a-balance-transfer-or-other-introductory-rate-en-15/
- Push, A. (2021, December) 36% of Americans Took On Holiday Debt, Averaging $1,249. Retrieved from https://www.lendingtree.com/personal/holiday-debt-survey/
- Dickler, J. (2022, January 6) 1 in 3 Americans overspent during the holidays, boosting credit card balances. Retrieved from https://www.cnbc.com/2022/01/06/americans-overspent-during-the-holidays-increasing-credit-card-debt.html
- El Issa, E. (2022, November 1) 2022 Holiday Shopping Report. Retrieved from https://www.nerdwallet.com/article/shopping/holiday-tips-news/2022-holiday-shopping-report