According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank of New ...
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.
The economy has been resilient, the job market healthy and consumers keep spending, but more Americans are becoming financially overextended — especially on their credit cards. New data released ...
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 ...
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 ...
Americans already contending with persistent and stubbornly high inflation just got more unwelcome news on Tuesday: There are more price hikes likely coming down the pike. Wholesale inflation ...
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 ...
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 ...