#consumer-debt
#consumer-debt

Mental health

Americans Now Have $1.21 Trillion of Credit Card Debt, the Highest on Record - 7 Ways to Make Sure You Don't Take on Too Much

1 month ago

Cryptocurrency

The Quirky World of Store Credit Cards: Are They Worth It and How to Maximize Them?

Mental health

Americans Now Have $1.21 Trillion of Credit Card Debt, the Highest on Record - 7 Ways to Make Sure You Don't Take on Too Much

more#credit-cards

SF real estate

fromwww.housingwire.com

1 month ago

Will the 2025 housing market crash like 2008?

Rising debt-to-income ratios signal potential risks for the 2025 housing market.

fromIndependent

'Eat now, pay later' option on Deliveroo app raises concerns of running up debt

Klarna partners with Deliveroo, offering customers the ability to pay for food in installments.

Canada news

fromwww.cbc.ca

1.4 million consumers missed a credit payment in Q1, says Equifax report | CBC News

Consumer delinquency rates are rising due to economic uncertainty, influencing spending patterns and employment levels.

Younger consumers are particularly affected, with rising credit card delinquency rates.

#buy-now-pay-later

fromFast Company

Marketing tech

What Klarna's recent report says about U.S. consumers' finances

NYC startup

fromABC7 Los Angeles

DoorDash will let users buy now, pay later for fast food, a possible worrying sign for the economy

DoorDash partners with Klarna to offer Buy Now, Pay Later for fast food purchases, reflecting BNPL's growing appeal among consumers.

Miscellaneous

Buy-now-pay-later services make it very easy to spend - and influencers are sounding the alarm

fromFast Company

Marketing tech

What Klarna's recent report says about U.S. consumers' finances

NYC startup

fromABC7 Los Angeles

DoorDash will let users buy now, pay later for fast food, a possible worrying sign for the economy

DoorDash partners with Klarna to offer Buy Now, Pay Later for fast food purchases, reflecting BNPL's growing appeal among consumers.

Miscellaneous

Buy-now-pay-later services make it very easy to spend - and influencers are sounding the alarm

more#buy-now-pay-later

fromSFGATE

HELOC Balances Have Risen 27%-So Why Do Financial Advisers Agree It's Still the Best Option for Certain Homeowners?

U.S. consumer debt reached an all-time high of $18.2 trillion, with rising popularity of HELOCs amid inflation.

#california

California

18% of California student loans are delinquent

Californians are better at paying student loans than the national average, with an 18% delinquency rate.

fromThe Mercury News

California bill-paying problems near 9-year high

California and national consumer debt statistics indicate rising bill-paying issues, with missed payments increasing to their highest levels in several years.

18% of California student loans are delinquent

Californians are better at paying student loans than the national average, with an 18% delinquency rate.

fromThe Mercury News

California bill-paying problems near 9-year high

California and national consumer debt statistics indicate rising bill-paying issues, with missed payments increasing to their highest levels in several years.

more#california

714 is typical Californian's credit score. How does that rank?

When averaged across two leading bureaus, Californians hold a credit score of 714, ranking 24th among the states, signaling acceptable borrowing potential.

California

#inflation

fromSFGATE

Real estate

A Third of Americans Say Mortgage and Debt Are Unmanageable-They Need These 5 Tips

Business

10 months ago

The 1 Thing That Could Cause a Recession Right Now

Rising consumer debt and persistent inflation signal potential recession risks.

fromSFGATE

Real estate

A Third of Americans Say Mortgage and Debt Are Unmanageable-They Need These 5 Tips

Business

10 months ago

The 1 Thing That Could Cause a Recession Right Now

Rising consumer debt and persistent inflation signal potential recession risks.

more#inflation

fromThe Nation

Did You Know Consumer Debt Has Reached an All-Time High?

Americans' personal finance struggles are deepening as consumer debt hits record levels, paralleling a growing national budget deficit.

fromZDNET

Bilt's credit card now lets you pay your student loans with points

"By enabling members to redeem Bilt Points toward student loan payments, we're addressing a critical financial need while continuing to differentiate our program as offering the most valuable and flexible points currency in the industry."

NYC startup

NYC politics

AOC wants to cap your credit card interest at 10%. A chart shows how current rates dwarf that amount.

Rep. Ocasio-Cortez's proposed bill seeks to cap credit card interest rates at 10% to alleviate consumer debt burdens amid rising financial strains.

Recession Risk Soars

Economists are increasingly predicting a potential recession in the U.S. due to rising tariffs and consumer debt levels.

Startup companies

Recession Could Be Coming: 5 Strong Buy High-Yield Dividend Stocks That Will Still Outperform

The economy faces potential recession risks with troubling employment data and rising consumer debt, while some sectors remain resilient.

US news

Recession Risk Soars

Economists are increasingly predicting a potential recession in the U.S. due to rising tariffs and consumer debt levels.

Startup companies

Recession Could Be Coming: 5 Strong Buy High-Yield Dividend Stocks That Will Still Outperform

The economy faces potential recession risks with troubling employment data and rising consumer debt, while some sectors remain resilient.

Gap widens between financially stable Canadians and those struggling with debt, says report | CBC News

Many Canadians are struggling with consumer debt due to rising interest rates and increased living costs.

California bill-paying problems near 9-year high

California's bill-paying problems are increasing as consumer debt statistics reveal rising late payments, signaling financial stress even amid a seemingly robust economy.

I have $35k in a Roth, $41k in debt. $27k is from an offroad UTV I regret getting. What are my options?

Financial mistakes offer learning opportunities to avoid future pitfalls.

Impulse purchases can lead to considerable consumer debt and derail financial stability.

Real estate

fromwww.housingwire.com

Why mortgage originations should pick up in 2025

Mortgage originations in the U.S. are expected to rise to 5.7 million in 2025 despite high interest rates.

Real estate

fromwww.housingwire.com

Splitero expands its home equity investments to five new states

Splitero empowers homeowners to access their equity without incurring debt, addressing rising living costs and high consumer debt levels.

fromAxios

Consumer stress is on the rise

Consumer financial health is deteriorating, as evidenced by rising credit card minimum payments and auto repossessions.

Business