Source: en.wikipedia.org
As rising inflation makes it increasingly difficult to pay bills and build savings, U.S. consumers of all types are now living paycheck to paycheck —...
Today is Friday, June 10, and banks are happy that people are finally using credit cards again and letting the balances rack up interest. But...
Consumers are increasingly letting their credit card debt revolve and letting interest mount instead of paying off what they owe each month. Typically this is...
The freeze thaws, and then comes the deluge. For the paycheck-to-paycheck economy, the tide of debt obligations may be tough to navigate. The Federal Reserve...
The federal Consumer Financial Protection Bureau (CFPB) and the New York state attorney general filed a proposed judgment in federal court to settle its case against...
Where there’s smoke, there’s fire. The signals smoldering from subprime loan delinquencies that the paycheck-to-paycheck economy is in trouble. Data from credit reporting giant Equifax,...
Nine paycheck-to paycheck reports — and one inescapable conclusion. Anuj Nayar, financial health officer at LendingClub, told PYMNTS in an interview that “we are seeing...
Paycheck-to-paycheck consumers are three times as likely to revolve credit card debt and carry higher monthly balances, according to the April 2022 edition of “New...
To say we’re behind on medical debt is an understatement on several levels. It wasn’t until 2021 when the Census Bureau finally caught up with...