budget

June 2, 2016

Consumer Borrowing Surges at Fastest Pace Since 2001

Household borrowing surged in March at the fastest pace since November 2001 as financing for automobiles picked up and Americans’ outstanding credit-card debt soared.  The $29.7 billion […]
May 27, 2016

What Should You Spend on a Home?

Since the 2008 financial crisis (fueled in large part by a real estate bubble), regulations have been put in place to cut down on predatory lending, […]
May 26, 2016

Companies Still in Debt Despite Inflated Balance Sheets

Combining all of the corporate cash in the U.S. wouldn’t cover the $1.8 trillion of corporate debt that’s coming due in the next 5 years, according […]
May 25, 2016

Businesses Fall Behind on Their Loans

The Board of Governors of the Federal Reserve released its delinquency and charge-off data for all commercial banks in the first quarter – and it’s very sobering data. […]
May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 19, 2016

Most Americans Have Financial Regrets

It’s hard to get through life without at least one major financial regret. That’s the conclusion from a new Bankrate nationwide survey that finds only 17% […]
May 17, 2016

Reverse Mortgages Safer But Still Have Issues

Across the nation, a sticky subgroup of foreclosure cases involves reverse mortgages.  These loans, usually taken out by seniors, are heavily promoted in advertising and aimed […]
May 16, 2016

Consumers Increase Savings But Carry Credit Card Balances

Consumers are increasing the balances of their personal savings accounts, but at the same time there is an increase in those who rollover their monthly credit […]