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E-Commerce
fromIndependent
1 week ago

How to fund Christmas without going broke - unlike Santa, you don't have to slip into the red

Consumers expected to spend €1,177 last year, and one in five fell into debt as rising costs make this the most expensive Christmas in years.
fromwww.housingwire.com
1 week ago

Younger buyers interested in 50-year mortgage, despite drawbacks

Federal Housing Finance Agency Director Bill Pulte reportedly mentioned the idea to President Donald Trump last weekend leading Trump to post about the idea on Truth Social. However, sources told CBS News this week that a 50-year mortgage plan hadn't been vetted by senior Trump administration officials and wasn't ready for release. Leaders across mortgage and real estate were almost uniformly against the idea.
Real estate
Real estate
fromwww.housingwire.com
1 week ago

50-year mortgages and the impact on consumers and the economy

A 50-year mortgage would encourage cheap, long-term debt and risky consumer behavior, harming consumers and potentially the broader economy.
Pets
fromThe Nation
3 weeks ago

The Billionaire Oligarchs Are Coming for Your Pets

Concentrated billionaire ownership of the pet-care industry is driving up costs, forcing owners into debt or surrendering pets.
Business
fromAxios
1 month ago

Young bettors drive gambling boom, but cracks are showing

Betting activity rose to 30% of consumers in Q2 2025, driven by brick-and-mortar casinos and rising online sports betting among Gen Z and millennials.
Canada news
fromThe Walrus
1 month ago

Are We in a Recession? | The Walrus

Canada faces a potentially severe recession, with high consumer debt, many living paycheck to paycheck, weak GDP growth, and uncertain central bank guidance.
Business
fromFortune
1 month ago

'Big Short' investor Steve Eisman warns the U.S. economy is a 'tale of two cities' that 'is not even growing 50 basis points outside of AI' | Fortune

U.S. GDP growth heavily relies on AI infrastructure spending; excluding AI gains reveals near-zero real growth and widespread consumer financial stress.
#klarna
fromFuturism
2 months ago
Startup companies

Company Replaces Customer Support With AI, Then Panics and Forces Engineers to Work the Phones as the AI Fails

fromFuturism
2 months ago
Startup companies

Company Replaces Customer Support With AI, Then Panics and Forces Engineers to Work the Phones as the AI Fails

more#klarna
E-Commerce
fromThe Walrus
2 months ago

How "Buy Now, Pay Later" Seduced a Generation-and Trapped It in Debt | The Walrus

Buy-now-pay-later services let consumers receive goods immediately while deferring payment, functioning as microloans without credit checks and creating hidden or 'phantom' debt risks.
from24/7 Wall St.
5 months ago

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

Store-branded credit cards, like Target Red Card, offer enticing benefits such as discounts on purchases but come with high APRs that can lead to debt.
Cryptocurrency
Canada news
fromwww.cbc.ca
5 months ago

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.
Real estate
fromSFGATE
6 months ago

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.
fromwww.ocregister.com
6 months ago

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
Real estate
fromSFGATE
6 months ago

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

Many Americans find their mortgage debt unmanageable amid high rates and sticky inflation.
Social justice
fromThe Nation
6 months ago

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
7 months ago

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
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