Showing 25 to 36 of 57 results
Coachella Highlights US Financial Literacy Crisis
Coachella 2023's use of Buy Now Pay Later (BNPL) services for tickets sparked debate about financial literacy in the US, revealing a national failure as only 48% of US adults answered financial literacy questions correctly in a 2023 TIAA Institute study, highlighting the need for financial education...
Coachella Highlights US Financial Literacy Crisis
Coachella 2023's use of Buy Now Pay Later (BNPL) services for tickets sparked debate about financial literacy in the US, revealing a national failure as only 48% of US adults answered financial literacy questions correctly in a 2023 TIAA Institute study, highlighting the need for financial education...
Progress
52% Bias Score
Surge in Subprime Auto Loans Mirrors 2008 Crisis Risks
Subprime auto loans, risky financing options for borrowers with poor credit, reached a 27-month high in March 2024, raising concerns about a repeat of the 2008 financial crisis due to increased consumer debt and looser lending standards amid high inflation and tariffs.
Surge in Subprime Auto Loans Mirrors 2008 Crisis Risks
Subprime auto loans, risky financing options for borrowers with poor credit, reached a 27-month high in March 2024, raising concerns about a repeat of the 2008 financial crisis due to increased consumer debt and looser lending standards amid high inflation and tariffs.
Progress
56% Bias Score
Falling Inflation Offers Little Relief for Record US Credit Card Debt
March inflation fell to 2.4%, but record US credit card debt (\$1.2 trillion) and rising delinquencies indicate ongoing financial hardship for many Americans, prompting the consideration of debt forgiveness programs despite the inflation drop.
Falling Inflation Offers Little Relief for Record US Credit Card Debt
March inflation fell to 2.4%, but record US credit card debt (\$1.2 trillion) and rising delinquencies indicate ongoing financial hardship for many Americans, prompting the consideration of debt forgiveness programs despite the inflation drop.
Progress
52% Bias Score
Debt Forgiveness Programs: Debunking Myths and Assessing Real-World Impacts
Debt forgiveness programs reduce unsecured debt by an average of 30-50%, impacting credit scores temporarily, but not permanently, and are not scams if used with accredited companies; however, eligibility requires a minimum debt of $5,000-$10,000 and demonstrable financial hardship.
Debt Forgiveness Programs: Debunking Myths and Assessing Real-World Impacts
Debt forgiveness programs reduce unsecured debt by an average of 30-50%, impacting credit scores temporarily, but not permanently, and are not scams if used with accredited companies; however, eligibility requires a minimum debt of $5,000-$10,000 and demonstrable financial hardship.
Progress
32% Bias Score
Record High US Credit Card Debt Amid Inflation and High Interest Rates
US credit card debt reached a record $1.21 trillion in late 2024, with rising delinquencies reflecting consumer struggles amid persistent inflation and unchanged interest rates, necessitating effective debt management strategies.
Record High US Credit Card Debt Amid Inflation and High Interest Rates
US credit card debt reached a record $1.21 trillion in late 2024, with rising delinquencies reflecting consumer struggles amid persistent inflation and unchanged interest rates, necessitating effective debt management strategies.
Progress
48% Bias Score
Record-High US Credit Card Debt Fuels Demand for Forgiveness Programs
US consumers ended 2024 with \$1.21 trillion in credit card debt, a \$45 billion increase from the previous quarter, leading to higher delinquency rates. Debt forgiveness programs offer relief, but require planning and take two to four years.
Record-High US Credit Card Debt Fuels Demand for Forgiveness Programs
US consumers ended 2024 with \$1.21 trillion in credit card debt, a \$45 billion increase from the previous quarter, leading to higher delinquency rates. Debt forgiveness programs offer relief, but require planning and take two to four years.
Progress
48% Bias Score
High Credit Card Debt Prompts Americans to Explore Debt Forgiveness Amidst Economic Uncertainty
High credit card interest rates and inflation create financial hardship for Americans, prompting exploration of debt forgiveness as a potential solution for managing high-rate debt, even amidst recent inflation decreases and the Federal Reserve's rate decisions.
High Credit Card Debt Prompts Americans to Explore Debt Forgiveness Amidst Economic Uncertainty
High credit card interest rates and inflation create financial hardship for Americans, prompting exploration of debt forgiveness as a potential solution for managing high-rate debt, even amidst recent inflation decreases and the Federal Reserve's rate decisions.
Progress
52% Bias Score
Russia Proposes Ban on Consumer Loan Debt Sales to Third Parties
A proposed Russian law aims to ban the sale of consumer loan debts to third parties, citing high consumer debt levels (55% of citizens, exceeding 26 trillion rubles) and persistent complaints about debt collector harassment, with the law planned to take effect on January 1, 2026.
Russia Proposes Ban on Consumer Loan Debt Sales to Third Parties
A proposed Russian law aims to ban the sale of consumer loan debts to third parties, citing high consumer debt levels (55% of citizens, exceeding 26 trillion rubles) and persistent complaints about debt collector harassment, with the law planned to take effect on January 1, 2026.
Progress
60% Bias Score
Debt Forgiveness: Temporary Credit Impact, Significant Debt Reduction
Debt forgiveness programs temporarily lower credit scores due to payment cessation, but the damage is reversible and the debt reduction, averaging 30-50%, often outweighs the credit impact.
Debt Forgiveness: Temporary Credit Impact, Significant Debt Reduction
Debt forgiveness programs temporarily lower credit scores due to payment cessation, but the damage is reversible and the debt reduction, averaging 30-50%, often outweighs the credit impact.
Progress
40% Bias Score
Record Credit Card Debt Creates Hardship Amid Economic Uncertainty
A recent Fed report reveals record-high consumer credit card debt and increasing late payments, creating financial hardship amid unpredictable inflation, interest rate fluctuations, and a recent stock market decline; understanding what not to do is crucial for successful debt management.
Record Credit Card Debt Creates Hardship Amid Economic Uncertainty
A recent Fed report reveals record-high consumer credit card debt and increasing late payments, creating financial hardship amid unpredictable inflation, interest rate fluctuations, and a recent stock market decline; understanding what not to do is crucial for successful debt management.
Progress
44% Bias Score
Credit Card Debt Forgiveness Offers Relief Amidst Record-High Interest Rates
High US credit card interest rates (near 23%) create financial strain; debt forgiveness programs, reducing debt by 30-50%, offer potential relief for balances like $50,000, but involve trade-offs.
Credit Card Debt Forgiveness Offers Relief Amidst Record-High Interest Rates
High US credit card interest rates (near 23%) create financial strain; debt forgiveness programs, reducing debt by 30-50%, offer potential relief for balances like $50,000, but involve trade-offs.
Progress
48% Bias Score
Home Equity Levels Rise Modestly Despite Market Slowdown
As of March 2025, the average U.S. homeowner has $313,000 in home equity, a 6% year-over-year increase, despite recent declines, influenced by low housing inventory, high home prices, and tempered demand due to higher mortgage rates; experts predict modest future increases.
Home Equity Levels Rise Modestly Despite Market Slowdown
As of March 2025, the average U.S. homeowner has $313,000 in home equity, a 6% year-over-year increase, despite recent declines, influenced by low housing inventory, high home prices, and tempered demand due to higher mortgage rates; experts predict modest future increases.
Progress
40% Bias Score
Showing 25 to 36 of 57 results