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…
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…
Companies are issuing cards more freely, so why are delinquency rates down?