On December 9, the Consumer Financial Protection Bureau (“CFPB”) issued an advance notice of proposed rulemaking(“ANPR”), seeking stakeholder input regarding amending the definitions of “identity ...
Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That's a 2.4% increase from the $17.15 trillion total Experian ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. High-interest debts like credit cards, ...
ADA, Okla.--(BUSINESS WIRE)--Foreclosure legal inquiries jumped nearly 30% year-over-year in the second quarter as mounting consumer debt pushed Americans to seek legal help at the highest rate since ...
Household debt growth is slowing and net worth is increasing, while unemployment remains low by historical standards. We’ve seen varied performance across consumer asset classes this year (and even ...
Credit card debt and mortgage rates are elevated. High interest rates and home prices have made housing unaffordable for average Americans, leading to a slowdown in existing home sales. Consumer ...
Consumer debt levels in the U.S. are rising, posing a significant headwind to the economy as most households struggle with increasingly challenging economic conditions. Retailers like Starbucks (SBUX) ...
Debt: almost all Canadians have it. In fact, Equifax Canada’s Market Pulse Consumer Credit Trends and Insights Report found that consumer debt levels rose to $2.5 trillion in the second quarter of ...