Showing 37 to 48 of 57 results
DoorDash Partners with Klarna to Offer Buy Now, Pay Later for Food Orders
DoorDash and Klarna are partnering to offer Buy Now, Pay Later (BNPL) services for food orders starting soon, expanding BNPL's reach into fast food and raising concerns about increased consumer debt given already high debt levels and a lack of regulatory oversight.
DoorDash Partners with Klarna to Offer Buy Now, Pay Later for Food Orders
DoorDash and Klarna are partnering to offer Buy Now, Pay Later (BNPL) services for food orders starting soon, expanding BNPL's reach into fast food and raising concerns about increased consumer debt given already high debt levels and a lack of regulatory oversight.
Progress
40% Bias Score
Minimum Credit Card Payments Hit 12-Year High
The percentage of credit card holders making only minimum payments reached an alarming 11% in the third quarter of 2024, a 12-year high, highlighting the financial risks of this practice and its benefits to credit card companies.
Minimum Credit Card Payments Hit 12-Year High
The percentage of credit card holders making only minimum payments reached an alarming 11% in the third quarter of 2024, a 12-year high, highlighting the financial risks of this practice and its benefits to credit card companies.
Progress
56% Bias Score
US Credit Card Debt Reaches 12-Year High
A recent report reveals that 11% of US credit card holders made only minimum payments in Q3 2024, a 12-year high, coinciding with record $645 billion in revolving credit card balances and a surge in seriously delinquent payments, indicating a worsening consumer debt crisis.
US Credit Card Debt Reaches 12-Year High
A recent report reveals that 11% of US credit card holders made only minimum payments in Q3 2024, a 12-year high, coinciding with record $645 billion in revolving credit card balances and a surge in seriously delinquent payments, indicating a worsening consumer debt crisis.
Progress
52% Bias Score
Fed Holds Rates: High-Yield Savings Opportunities, High-Interest Debt Remains Costly
The Federal Reserve's decision to keep interest rates unchanged presents a mixed outlook for consumers: high-yield savings accounts offer inflation-beating returns (4.5%-4.75%), while high-interest debts (credit cards averaging 20.14%) remain costly, demanding proactive repayment strategies.
Fed Holds Rates: High-Yield Savings Opportunities, High-Interest Debt Remains Costly
The Federal Reserve's decision to keep interest rates unchanged presents a mixed outlook for consumers: high-yield savings accounts offer inflation-beating returns (4.5%-4.75%), while high-interest debts (credit cards averaging 20.14%) remain costly, demanding proactive repayment strategies.
Progress
32% Bias Score
Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Progress
56% Bias Score
Soaring Interest Payments on Russian Consumer Loans
Russian consumer loan interest payments increased by 8.5% in 2024, significantly higher than the previous year's 6.4%, driven by high interest rates and inflation, placing a strain on household finances despite the overall debt rising by 22.7% to 39.36 trillion rubles.
Soaring Interest Payments on Russian Consumer Loans
Russian consumer loan interest payments increased by 8.5% in 2024, significantly higher than the previous year's 6.4%, driven by high interest rates and inflation, placing a strain on household finances despite the overall debt rising by 22.7% to 39.36 trillion rubles.
Progress
48% Bias Score
Rising Inflation Fuels Credit Card Debt Crisis in America
High inflation and rising costs are pushing more Americans into credit card debt, with average interest rates approaching 23%, creating a cycle of debt; however, various debt relief strategies can help.
Rising Inflation Fuels Credit Card Debt Crisis in America
High inflation and rising costs are pushing more Americans into credit card debt, with average interest rates approaching 23%, creating a cycle of debt; however, various debt relief strategies can help.
Progress
44% Bias Score
U.S. Household Finances Reverse Pandemic Gains Amidst Economic Instability
U.S. household finances, boosted by pandemic stimulus, have sharply declined since 2021, with credit card debt exceeding \$1 trillion, financial well-being scores falling to 49 in 2024 from a peak of 55 in 2020, and a majority of Americans expressing discomfort with their emergency savings.
U.S. Household Finances Reverse Pandemic Gains Amidst Economic Instability
U.S. household finances, boosted by pandemic stimulus, have sharply declined since 2021, with credit card debt exceeding \$1 trillion, financial well-being scores falling to 49 in 2024 from a peak of 55 in 2020, and a majority of Americans expressing discomfort with their emergency savings.
Progress
48% Bias Score
Powell Cautious Amidst US Economic Strength, Rising Debt, and Trump's Policies
Federal Reserve Chair Jerome Powell, while optimistic about the US economy's overall strength, voiced concerns over President Trump's policies and rising consumer debt, particularly the surge in credit card debt to $1.17 trillion in Q3 2024 and a record high uncertainty index, while opposing rapid i...
Powell Cautious Amidst US Economic Strength, Rising Debt, and Trump's Policies
Federal Reserve Chair Jerome Powell, while optimistic about the US economy's overall strength, voiced concerns over President Trump's policies and rising consumer debt, particularly the surge in credit card debt to $1.17 trillion in Q3 2024 and a record high uncertainty index, while opposing rapid i...
Progress
48% Bias Score
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Progress
52% Bias Score
Record Holiday Sales Mask High U.S. Consumer Debt
U.S. holiday retail sales for November and December 2024 hit a record $994.1 billion, a 4% increase over 2023, exceeding expectations despite high U.S. household debt of $17.9 trillion and consumers remaining budget-conscious.
Record Holiday Sales Mask High U.S. Consumer Debt
U.S. holiday retail sales for November and December 2024 hit a record $994.1 billion, a 4% increase over 2023, exceeding expectations despite high U.S. household debt of $17.9 trillion and consumers remaining budget-conscious.
Progress
52% Bias Score
High US Credit Card Debt Spurs Debt Consolidation Strategies
Soaring US credit card debt, averaging nearly \$8,000 per cardholder, is fueled by high interest rates (23% average, over 30% for retail cards) and persistent inflation, leading to debt consolidation as a common solution among consumers.
High US Credit Card Debt Spurs Debt Consolidation Strategies
Soaring US credit card debt, averaging nearly \$8,000 per cardholder, is fueled by high interest rates (23% average, over 30% for retail cards) and persistent inflation, leading to debt consolidation as a common solution among consumers.
Progress
48% Bias Score
Showing 37 to 48 of 57 results