Study Reveals Main Cause Of American Consumer Debt

Study Reveals Main Cause Of American Consumer Debt

by | Jan 9, 2025 | Article

TAKE THE POLL: CLICK HERE An Experian study published in early 2024 revealed that most of Americans’ consumer debt comes from mortgage and car payments. Will the same thing happen in 2025? Mortgage debt makes up two-thirds of all consumer debt, according to the...
Credit Card Defaults Highest Since Last Recession

Credit Card Defaults Highest Since Last Recession

by | Jan 8, 2025 | Article

TAKE THE POLL: CLICK HERE U.S. credit card defaults have hit the highest levels since the start of the 2008 financial crisis. Credit card lender wrote off $46 billion in “seriously delinquent credit card loan balances in the first nine months of” 2024,...