JPMorgan shares surge as earnings beat Wall Street estimates
JPMorgan's net income decreased due to increased provisions for bad loans, but earnings per share exceeded expectations, indicating resilience despite economic challenges.
Customers of Top Auto Lender Have Been Devastated by Hidden Costs
Subprime auto loans from Exeter Finance lead to severe financial strain for consumers, especially with predatory interest rates and hidden fees in restructuring options.
How much credit card debt does the average American hold in 2023?
Average U.S. credit card debt has reached $1.34 trillion, with high interest rates making repayment increasingly difficult.
JPMorgan shares surge as earnings beat Wall Street estimates
JPMorgan's net income decreased due to increased provisions for bad loans, but earnings per share exceeded expectations, indicating resilience despite economic challenges.
Customers of Top Auto Lender Have Been Devastated by Hidden Costs
Subprime auto loans from Exeter Finance lead to severe financial strain for consumers, especially with predatory interest rates and hidden fees in restructuring options.
How much credit card debt does the average American hold in 2023?
Average U.S. credit card debt has reached $1.34 trillion, with high interest rates making repayment increasingly difficult.
The 1 Thing That Could Cause a Recession Right Now
Rising consumer debt and persistent inflation signal potential recession risks.
Sports gambling is taking a toll on Americans' finances
Sports betting negatively impacts the financial health of some Americans, particularly low-income individuals and young men, leading to lower credit scores and increased risk of bankruptcy.
The 1 Thing That Could Cause a Recession Right Now
Rising consumer debt and persistent inflation signal potential recession risks.
Sports gambling is taking a toll on Americans' finances
Sports betting negatively impacts the financial health of some Americans, particularly low-income individuals and young men, leading to lower credit scores and increased risk of bankruptcy.
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
Consumer delinquency rates are normalizing to pre-pandemic levels, indicating stability in household finances, according to Bank of America CEO Brian Moynihan.
A Gen Xer with a 6-figure salary and over $315,000 in debt can't afford a home: 'This country has failed us'
Shirin Tajani, a nurse, struggles with student loans and credit card debt despite a six-figure salary, highlighting a broader financial crisis among Americans.
Opinion: Soaring grocery prices are not mysterious acts of God
Consumer grocery prices surged by 27% since 2020 despite the pandemic being over, while major grocery chains have notably increased their profit margins.
People having 'multiple loans' with the 'same lender is a worrying trend' - London Business News | Londonlovesbusiness.com
Borrowers seeking multiple loans from one lender face challenges in securing mortgages due to differing underwriting standards.