Source: en.wikipedia.org
Connecticut reportedly plans to cancel $650 million in medical debt for its residents. This relief will impact around 250,000 people and will make Connecticut the first state...
More and more companies are reportedly taking advantage of a growing leveraged loan market. As Bloomberg News reported Thursday (Feb. 1), these businesses are using...
Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. And credit card balances and delinquencies have been rising as consumer...
Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some...
Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season. Will...
In today’s challenging economic environment, understanding how consumers use credit cards is important. While struggling consumers tend to use credit cards to better manage their...
Consumers expect the punishing pace of inflation to decline in the months and years ahead. But they’re reigning in their spending plans, too — a...
The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings...
Borrowers are facing challenges as they resume federal student loan payments after a pause that began during the pandemic. They are encountering long hold times...