Credit Cards

June 16, 2017

The Cost of Attending a Wedding in 2017

Wedding season is upon us.  According to theKnot.com, the average cost of a wedding in 2016 rose to an all-time high of $35,329.  But modern weddings […]
June 14, 2017

Is the New Household Debt Record Cause for Concern?

Last month, the New York Federal Reserve reported that household debt across the nation has hit a dubious milestone in the first quarter: It surpassed the […]
June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
June 9, 2017

Beige Book: Slower Growth, Less Optimism

Economic growth slowed across parts of the U.S. in recent weeks, and some firms have become a bit less optimistic about the future, according to a […]
June 6, 2017

73% of Americans Have Financial Regrets

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not […]
June 2, 2017

What to Buy in June

Warm weather, wedding season, and hurricane season all bring discounts in June. Consumers will also find continuing sales on some items that were good deals in […]
May 23, 2017

Household Debt Hits New Record

Household debt is topping its 2008 peak prior to the housing crash. Total household debt has risen to $12.73 trillion in the first quarter, the Federal […]
May 19, 2017

American Households Spend 53% of Its Income On These Expenses

If there’s one fairly steady theme over the past couple of decades, it’s that consumers are saving less of their income and their household budgets are […]
May 15, 2017

Bank Card Default Rate Increases, Auto Loan Defaults Down

The S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, shows the composite rate unchanged from last month at 0.94% in […]