A first in the BC Consumer Debt Study’s 13-year history, the latest study finds costs of living are now the number one cause of problem debt for consumers surveyed, causing significant challenges ...
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Debt collection complaints are surging: Here’s why
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...
When margin debt surges 45% while consumer sentiment plummets to near-record lows, history says a crash follows. Thursday, it started. Nvidia beat earnings by billions, but the market didn’t care, ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
IT’S HELPING FAMILIES, AND WHAT YOU NEED TO KNOW BEFORE YOU SIGN UP. AS WE CAME CLOSER AND CLOSER TO THE END OF PAYING IT OFF, WE JUST FELT BETTER AND BETTER. IAN MOORE SAYS CREDIT CARD BALANCE ...
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 ...
For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...
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