A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...
With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...
Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s...
It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...
As U.S. consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios...
They say that necessity is the mother of invention. “I came from a poor immigrant background,” said Hanif Joshaghani, cofounder and CEO of Canadian FinTech...
Fueled by school loans and purchases of new cars, U.S. consumers borrowed more in August than they have in almost a year, according to a Bloomberg...
It looks like Americans will soon be partying like it is 2008 — when it comes to borrowing anyway. According to Wall Street Journal reports,...