Total consumer debt in the United States hit $18.2 trillion by the end of last year, with $12.8 trillion attributed to first mortgages, according to Equifax.
US consumer debt continued upward climb, with growth gaining momentum in the final months of the year : Equifax’s National Market Pulse report.
The latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 ...
Explore the advantages, disadvantages, and impact of consumer debt on personal finance. Learn about different debt types and how they affect your financial strategy.
A new report from WalletHub found that Georgia residents were increasing their consumer debt, the fifth most in the country.
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
Black Americans have been systematically excluded from wealth accumulation through policies and practices that increase debt burdens and limit asset building, leading to chronic financial ...