A 2022 Aspen Institute report found that about 13 million Americans, or 10.4% of U.S. households, had a negative net worth. Clearly, these statistics are a bit dated, but they're based on an analysis ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Earnings from six of the largest U.S. banks have been received. In this podcast, Motley Fool contributors Matt Frankel, Tyler ...
Beyond Finance reports that rising living costs have increased financial stress, highlighting 8 signs of unmanageable debt.
Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...
Ghana’s banking sector has long grappled with the persistent cycle of non-performing loans (NPLs), a problem that has periodically disrupted credit flow and economic growth.
Ramsey was incensed that Heather and her partner were able to get the loan from the Small Business Administration (SBA) in ...
It's easy to blame borrowers. But are we ensuring students and families actually have the information they need to make ...
When you hear the word, "debt," it's likely an immediate pit begins to form in your stomach. Debt means you owe money and if you don't pay it back, the balance you owe will grow even larger. But if ...
When used thoughtfully, a credit card can smooth cash flow, offer protection on purchases and even save money. When used casually, it can quietly turn everyday spending into a long repayment cycle.
Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...
It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...