Many Americans are under financial strain as they grapple with rising costs and carry growing balances on mortgages, credit cards and personal loans. Now, a new LendingTree study found that consumer ...
(NEXSTAR) – While Los Angeles residents may be saddled with higher-than-average mortgage debt, it’s the “Hollywood of the South” that has the most consumer debt, a new study found. LendingTree looked ...
Outstanding consumer debt in the U.S. is currently around $14.88 trillion, representing an average individual debt of nearly $93,000. While older generations hold a bulk of this debt, the youngest ...
Consumer debt grew at a much slower pace in January, returning to the pre-holiday trend of muted borrowing. The fact that the Debt Black Hole grew more slowly can certainly be viewed as a positive.
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
A new report from WalletHub found that Georgia residents were increasing their consumer debt, the fifth most in the country.
While 2025 ended with a 4.4% growth in gross domestic product, fueled by low unemployment, strong consumer and government spending, and business investment, the view of that positive economic news ...
Black Americans have been systematically excluded from wealth accumulation through policies and practices that increase debt burdens and limit asset building, leading to chronic financial ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
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