Sections
consumer borrowing
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EconomyFor The Fed, It’s Hurry Up And Wait On Rates
Conventional wisdom coming into this past week held that the Federal Reserve would raise...
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LoansPublic Service Loan Forgiveness Program Accepts Few Applicants
To help manage their student loan debts, 28,000 borrowers have sent in 33,300 applications...
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LoansConsumer Borrowing Hits $13.29 Trillion In Second Quarter
American's increased the amount of money they borrowed in the second quarter, with consumer...
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DebtAmerican Consumer Debt To Hit $4 Trillion By EOY
New data shows that Americans are on pace to accumulate a collective $4 trillion...
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Payments InnovationU.S. Consumer Borrowing Posts Biggest Increase In Six Months
The American people are feeling more confident about spending, if last month’s consumer borrowing...
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Alternative FinancesAmericans Are Borrowing Like It’s 2008 ... Sort Of
It took almost a full decade, but Americans’ debt level has reached a new...
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DebtConsumer Borrowing Growth Drops to 5 Year Low
The level of U.S. consumer debt logged in January, measured in the amount outstanding,...
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Consumer FinancePYMNTS Daily Data Dive: Consumers Are Borrowing … Finally
The aftershocks of the financial crisis of 2008 may finally be abating as consumers...
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Payment MethodsMounting Credit Card Debt May Hit $1 Trillion Mark
As banks continue to push cards and borrowers become more comfortable with carrying debt,...
