These serious delinquencies were highest in the credit card debt category, rising to 11.1% in the third quarter. That’s the highest since 2012. While there hasn’t been a big jump in the number ...
An ever-growing cycle of debt and increased junk fees that benefit the big banks raking in billions ... With our credit card debt crisis spiraling out of control, Congress must take action now.
The new administration must also communicate clearly and transparently about the inherited debt crisis. Explaining the roots of the problem in relatable terms – such as connecting rising debt to ...
Those decisions were right. Unfortunately, once the crises passed, we just kept spending as if nothing had changed. Now, the resulting overhang of federal debt could itself be the cause of a ...
But the truth is far from the glossy picture painted in big banks’ billion-dollar marketing campaigns ... The CCCA is a step toward reforming this system. With our credit card debt crisis spiraling ...
US consumers and businesses are having trouble paying off credit, auto, and commercial-real-estate debt. Banks have increased ... had prompted a response from big banks anticipating a continued ...
An ever-growing cycle of debt and increased junk fees that benefit the big banks raking in billions ... With our credit card debt crisis spiraling out of control, Congress must take action now.
Sign up to Devex Newswire today. There’s no getting around it. If governments are saddled with crippling debt, they can’t invest in the health, education, and ...