January 17, 2018

Credit Card Debt Is Back to Pre-Recession Level

Last month, the Consumer Financial Protection Bureau reported that outstanding consumer credit card debt last year had surpassed the peak set during the recession.  Credit card […]
August 10, 2017

Consumer Borrowing Slows in June

Consumer borrowing slowed a bit in June from the torrid growth in the prior month, but continued at a solid pace, according to government data released […]
August 1, 2017

Small Business Borrowing Hits 2 Year High

Borrowing by small U.S. companies hit a nearly two-year high in June, driven by restaurants and hotels, PayNet Inc said on Tuesday, as businesses invested to […]
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 […]
April 5, 2017

Tappable Equity Hits 10-Year High

An annual home price appreciation of 5.5% during 2016 helped to increase the number of mortgage holders with tappable equity to 39.5 million, according to new […]
August 26, 2016

Why are Cities and States Reluctant to Borrow?

Wall Street is urging governments to invest in big-ticket infrastructure projects. Voters and public officials have a different message: not so fast.  Plunging global interest rates […]
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 […]