Credit card, mortgage and other debt balances are on the rise, thanks in part to a combination of inflation and high interest rates. Credit card balances were particularly affected, increasing by 5.8% ...

In today’s dynamic financial environment, lending businesses are under growing pressure. Rising delinquency rates, shifting customer expectations, and economic volatility are making traditional, ...

Here’s a common scenario: you’ve got multiple debts — credit cards, personal loans, maybe even an auto loan — and their interest rates and balances are piling up. Figuring out how to lift that ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...

According to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit, total U.S. household debt rose to $18.04 trillion in the fourth quarter of 2024. The average ...

According to an Experian consumer debt study, the average debt of Americans in 2024, including mortgages, credit cards, and auto, personal and student loans was $105,056. Tackling thousands of dollars ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt is a widespread problem in the United States, with ...

Settling debt for $0.20 on the dollar sounds too good to be true, but is that type of agreement really realistic?