Consumer Debt

Twenty Percent Of Mortgage Loans Top 45 Percent Of Monthly Income
Twenty Percent Of Mortgage Loans Top 45 Percent Of Monthly Income
April 17, 2018  |  Loans

New data shows that rising home prices are translating into mortgage loan debt not seen since the housing crisis. According to The Wall Street Journal,...

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Overdue US Card Debt Hits 7-Year High
Overdue US Card Debt Hits 7-Year High
March 01, 2018  |  Banking

The U.S. consumer credit picture continues to look grim as 2018 is coming into the end of its first quarter. Despite economic performance across the...

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US Household Debt Spikes In Q4 2017
US Household Debt Spikes In Q4 2017
February 14, 2018  |  Debt

Thanks in part to a rising number of mortgage loans, the debt levels of Americans increased during the last three months of 2017. Reuters, citing...

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QR Codes Sizzle, Smart Parts Fizzle And Facebook Bows Out Of AI Assistants
QR Codes Sizzle, Smart Parts Fizzle And Facebook Bows Out Of AI Assistants
January 12, 2018  |  Sizzle/Fizzle

Facebook’s M Fizzles While most of the week was dedicated to the cohort of players at The International Consumer Electronics Show (CES) battling it out on...

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Amid The Good (Stock Market) Cheer, Clouds Gather?
Amid The Good (Stock Market) Cheer, Clouds Gather?
December 07, 2017  |  Investments

Nine years is a long time for anything to run — a TV show, your car, a bowling league — especially so the bull market that...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total...

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Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

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Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
June 07, 2017  |  Consumer Finance

With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...

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BoA Says Half Of All Workers Stressed Out Over Money
BoA Says Half Of All Workers Stressed Out Over Money
June 02, 2017  |  Consumer Finance

Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s...

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