Stories Tagged as
Borrowing
Why is credit card debt rising again?
by
Justin Ho
Jan 29, 2024
Delinquencies are up, especially for people with lower incomes and multiple types of debt, according to the New York Fed.
Delinquency rates rise for some types of household debt
by
Justin Ho
Jan 8, 2024
But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.
The Fed might cut interest rates soon. That's weighing on business owners' plans.
by
Justin Ho
Jan 2, 2024
Do they wait for lower rates in the future or borrow what they need today? It’s a question of cost versus opportunity.
Colleges and universities may find borrowing harder to do and more expensive
Dec 7, 2023
Their customer base is shrinking and there's no appetite for raising prices, aka tuition.
For some business owners, higher interest rates are a non-issue
by
Justin Ho
Dec 4, 2023
The Federal Reserve has been raising interest rates for almost two years now, affecting virtually everyt;hing in the economy. But some businesses have been relatively insulated from rate hikes.
Americans have almost $990 billion in credit card debt
Jun 9, 2023
But with interest rates high and wage growth slowing, that level of spending is becoming unsustainable.
Could financial warning labels help borrowers avoid risky loans?
by
Scott Morgan
May 29, 2023
Some experts back the idea for certain high-interest loans. But it likely wouldn't put off desperate short-term borrowers.
For public good, not for profit.
2023 has been a year for bankruptcy
May 18, 2023
More than 230 companies declared bankruptcy before the end of April. What is happening?
Why is it so hard for Congress to deal with the national debt?
Apr 20, 2023
Reining in our debt amid the debt ceiling battle would require big — and painful — changes to government spending and taxation.
Businesses and consumers are borrowing more, despite rising interest rates
by
Justin Ho
Mar 1, 2023
Total loan balances rose from last quarter and year over year, according to the FDIC. There are good reasons to borrow now.