A strong labor market currently provides households with lots of jobs and rising wages that make it easier to pay off their debt, even as households are borrowing more money, especially on credit ...
As the economy braces for a recession, consumer credit growth is beginning to wane. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger ...
There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...
A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.