October 15, 2019
October 15, 2019
US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
October 8, 2019
October 8, 2019
U.S. consumer credit increased more than forecast in August as school loans and other non-revolving debt rose by the most in three years. Total credit climbed […]
September 24, 2019
September 24, 2019
Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans […]
September 19, 2019
September 19, 2019
CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
September 17, 2019
September 17, 2019
The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares with 686 […]
September 9, 2019
September 9, 2019
Approximately 52% of respondents admit to tapping their retirement savings account early for a purpose other than retiring, according to a survey by MagnifyMoney. The Investment […]
September 5, 2019
September 5, 2019
’Tis the (other) season. As students start back to school and college, families are spending more than ever on school supplies. “Consumers are in a strong […]
August 16, 2019
August 16, 2019
Mortgage default risk rose in the U.S. in Q1 2019 as a result of increased economic risk and borrower risk, according to the recently launched Milliman […]
August 1, 2019
The average credit score of borrowers who got all types of mortgages in June rose to 731, an almost three-year high, as a strong labor market […]