#consumer-debt

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Splitero secures $350M in funding from Blue Owl Capital

Splitero partners with Blue Owl Capital to enhance access to home equity investments, aiding homeowners amid rising consumer debt.
#holiday-shopping

1 in 4 people say they'll go into debt for the holidays. Is social media to blame?

Social media significantly influences holiday spending, with many Americans planning to spend more and some going into debt.

1 in 4 people say they'll go into debt for the holidays. Is social media to blame?

A significant number of holiday shoppers plan to incur debt this season due to increased spending spurred by social media influence.

Gen Z is drowning in debt as buy-now-pay-later services skyrocket: 'They're continuing to bury their heads in the sand and spend'

The use of 'buy now, pay later' plans is increasing this holiday season as consumers seek flexible payment options amidst financial pressures.

1 in 4 people say they'll go into debt for the holidays. Is social media to blame?

Social media significantly influences holiday spending, with many Americans planning to spend more and some going into debt.

1 in 4 people say they'll go into debt for the holidays. Is social media to blame?

A significant number of holiday shoppers plan to incur debt this season due to increased spending spurred by social media influence.

Gen Z is drowning in debt as buy-now-pay-later services skyrocket: 'They're continuing to bury their heads in the sand and spend'

The use of 'buy now, pay later' plans is increasing this holiday season as consumers seek flexible payment options amidst financial pressures.
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#student-loans

"Minimum Payment Due," by Said Sayrafiezadeh

The frustration of dealing with persistent collection calls reflects deeper issues of personal financial management and societal pressures.

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.

"Minimum Payment Due," by Said Sayrafiezadeh

The frustration of dealing with persistent collection calls reflects deeper issues of personal financial management and societal pressures.

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.
morestudent-loans

Dave Ramsey says these are the two questions that separate rich people from poor people

The mindset difference between the rich and poor influences financial decisions and debt accumulation.
The average American is significantly in debt, indicating broader economic issues.
#interest-rates

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.

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.

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.

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.

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.

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.
moreinterest-rates

Is Now the Right Time To Refinance? What You Need To Know Before Applying

Mortgage interest rates are falling, prompting many homeowners to consider refinancing, but they should weigh costs and actual benefits carefully.
#financial-health

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.
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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.

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.
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