Credit Cards

July 25, 2018

Consumer Debt Increases In May

New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway through […]
July 20, 2018

In the Know: A Primer on Personal Loans

Personal loans are the now the fastest growing consumer debt category, according to new data from credit bureau TransUnion.  Outstanding personal loan balances now stand at […]
July 18, 2018

Feds Arrest Dozens in Real Estate and Wire Fraud Bust

The federal government recently announced that it conducted a massive sweep and arrested dozens of people who allegedly participated in schemes designed to intercept and hijack […]
July 10, 2018

Business-Loan Drought Ends for Banks

Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 4, 2018

Fourth of July: By the Numbers

Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 22, 2018

Home Prices Outpace Pay Increases

Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared […]
June 21, 2018

Final Exams: Big Banks Expected to Pass Stress Tests

Later this month, the Federal Reserve will announce the results of the annual stress tests for banks, but one firm is already predicting banks will pass.  […]