According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank of New York, total US household debt increased by $184 billion or 1.1% quarter ...
A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024.
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal ...
According to data from the Mortgage Bankers Association, mortgage loan delinquencies on 1-to-4-unit homes rose 38 basis points year over year. High inflation and mortgage rates may strain ...
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to New York Federal Reserve data ...
Household debt levels in the U.S. increased in the first quarter of 2024, which created new challenges for already stressed credit card borrowers, according to a new report from the Federal ...
Credit scores have been flashpoint on Wall Street since at least the subprime-mortgage meltdown some 15 years ago. Back then, a major problem was “NINJA” home loans — or “no income, no job ...
MATTER OF FACT. MOST AMERICANS HAVE SOME FORM OF HEALTH INSURANCE. BUT EVEN WITH THAT COVERAGE, 4 IN 10 HAVE MEDICAL DEBT. A NEW ANALYSIS BY KFF SHOWS PEOPLE IN THE U.S. OWE A COLLECTIVE $220 ...
Total household debt increased by $184 billion in Q1 2024. geralt/Pixabay.com According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank ...