Government relief checks helped.
April saw the biggest one-month jump in U.S. home loan delinquencies ever.
It can be indication to banks that you're unlikely to pay at all.
Oh, and the interest on that outstanding debt? It's getting more expensive.
Consumer advocates say it's time to loosen restrictions imposed after the housing collapse.
Some farmers are “quietly exiting” because they can’t make a profit.
The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What’s behind rising household debt, and is it something to be concerned about, especially […]
U.S. household debt hit a record $13.2 trillion in the first quarter of 2018, but Americans seem to be handling it okay. Consumer debt levels are stabilizing, according to The New York Fed’s quarterly household debt report. But rising interest rates seem to be squeezing household finances in at least one area: credit card debt. […]
Companies are issuing cards more freely, so why are delinquency rates down?