Debt

Consumer credit overall increased, while revolving debt — that’s mostly on credit cards — was down 1.2%, according to the Federal Reserve.

Trader Jared Dillian says PE firms are having problems exiting their investments, and he worries that the sector poses systemic risk.

A new report suggests that could dampen holiday spirits.

An appeals court has temporarily blocked a Biden plan that would reduce monthly payments for many to just 5% of their income.

The market is especially tuned in to whether we will have a divided government after the elections.

The amount includes money owed on things like credit cards, auto loans and student loans. Delinquencies are also rising.

A more detailed look at the numbers reveals a more complex picture about Americans' debt.

At a time of high prices and interest rates, BNPL offerings are tempting. But they could lead vulnerable consumers into a debt spiral.

More than a quarter of Americans used a credit card to buy groceries last year and did not pay off the balance when it was due.

The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.