More than 14% of households have negative wealth, meaning their liabilities exceed their assets, according to data released by the Federal...
Read moreDetailsBanks nationwide are preparing for an uptick in delinquency rates, especially on consumer loans. More financial institutions are setting money aside...
Read moreDetailsThe number of individuals with "no financial stress" has increased fivefold in the past six years, according to a study...
Read moreDetailsSlightly more consumers expect to miss a debt payment in the next three months, according to data released today by...
Read moreDetailsDownplaying some recently released unsettling economic data, Janet Yellen, chair of the Federal Reserve Board said today she remains "cautiously...
Read moreDetailsBaby boomers are coming to the realization that you can't take it with you and are taking on more debt,...
Read moreDetailsStates that are heavily dependent on energy companies for jobs are starting to feel the pinch of lower energy prices,...
Read moreDetailsFinancial services collections account for the largest percentage of the debt collection industry and credit card debt sales are concentrated...
Read moreDetailsThe U.S. economy will continue to grow, albeit at a “balanced” pace, according to Janet Yellen, chairwoman of the Federal...
Read moreDetailsThe economy continued to grow at a modest-to-moderate pace across the country, according to data published yesterday by the Federal...
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