Showing 49 to 57 of 57 results
\$2.7 Billion Christmas Debt Hangover for 1.7 Million Australians
Approximately 1.7 million Australians are in debt totaling \$2.7 billion due to Christmas spending, with an average debt of \$1634 per person; many will take six months or more to repay.
\$2.7 Billion Christmas Debt Hangover for 1.7 Million Australians
Approximately 1.7 million Australians are in debt totaling \$2.7 billion due to Christmas spending, with an average debt of \$1634 per person; many will take six months or more to repay.
Progress
40% Bias Score
High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
Progress
44% Bias Score
U.S. Stocks Rise Amid Growing Holiday Consumer Debt
U.S. stocks experienced a positive close to the holiday week, with the S&P 500, Dow, and Nasdaq all showing gains. However, 36% of Americans took on holiday debt averaging \$1,181, raising concerns about potential future economic impacts.
U.S. Stocks Rise Amid Growing Holiday Consumer Debt
U.S. stocks experienced a positive close to the holiday week, with the S&P 500, Dow, and Nasdaq all showing gains. However, 36% of Americans took on holiday debt averaging \$1,181, raising concerns about potential future economic impacts.
Progress
28% Bias Score
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Progress
40% Bias Score
Warren Proposes Bankruptcy Reform to Ease Financial Hardship
Senator Elizabeth Warren reintroduced the Consumer Bankruptcy Reform Act on Wednesday to simplify and reduce the cost of the bankruptcy process for individuals, proposing two new routes and addressing issues like student loan debt, as personal bankruptcy filings rise in 2024.
Warren Proposes Bankruptcy Reform to Ease Financial Hardship
Senator Elizabeth Warren reintroduced the Consumer Bankruptcy Reform Act on Wednesday to simplify and reduce the cost of the bankruptcy process for individuals, proposing two new routes and addressing issues like student loan debt, as personal bankruptcy filings rise in 2024.
Progress
40% Bias Score
Debt Consolidation: A Potential Solution to High-Interest Credit Card Debt
High inflation has increased consumer goods costs, pushing many Americans to use high-interest credit cards; debt consolidation loans and programs offer potential solutions, but eligibility depends on credit scores, and alternative debt relief methods exist.
Debt Consolidation: A Potential Solution to High-Interest Credit Card Debt
High inflation has increased consumer goods costs, pushing many Americans to use high-interest credit cards; debt consolidation loans and programs offer potential solutions, but eligibility depends on credit scores, and alternative debt relief methods exist.
Progress
44% Bias Score
US Credit Card Defaults Soar to 14-Year High
US credit card loan defaults soared to \$46 billion in the first nine months of 2024, a 50% increase from 2023 and the highest level since 2010, disproportionately affecting lower-income households with zero savings rates, according to a Financial Times report citing BankRegData.
US Credit Card Defaults Soar to 14-Year High
US credit card loan defaults soared to \$46 billion in the first nine months of 2024, a 50% increase from 2023 and the highest level since 2010, disproportionately affecting lower-income households with zero savings rates, according to a Financial Times report citing BankRegData.
Progress
28% Bias Score
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Progress
52% Bias Score
Russian Banks Slash Credit Limits Amid Economic Uncertainty
Russian banks are reducing credit limits for thousands of borrowers due to rising interest rates, high consumer debt, a new lending law, and economic uncertainty, impacting holiday spending plans and causing widespread consumer frustration.
Russian Banks Slash Credit Limits Amid Economic Uncertainty
Russian banks are reducing credit limits for thousands of borrowers due to rising interest rates, high consumer debt, a new lending law, and economic uncertainty, impacting holiday spending plans and causing widespread consumer frustration.
Progress
52% Bias Score
Showing 49 to 57 of 57 results