consumer debt

May 9, 2017

Millennials’ Debt Load Could Weigh Down Economy

Millennials — 21 to 34-year-olds — hold an estimated $1.1 trillion of the country’s $3.6 trillion in consumer debt, according to UBS, as rising student and […]
April 24, 2017

Consumer Defaults Predicted to Rise in 2017

About 17% of all U.S. consumers are likely to default on a loan payment over the next year, according to a recent report from UBS. More […]
January 5, 2017

Will These Mortgage Trends Make a Comeback in ’17?

The boom-bust cycle of refinancing and a host of other mortgage trends and strategies tend to come and go and come again depending on varying factors.  […]
March 3, 2016

Consumer Debt Rises with Age

Debt held by consumers in the U.S. as they age is rising, according to an analysis by the Federal Reserve Bank of New York.  From 2003 […]
March 3, 2014

5 Strange Signs that the Economy is Improving

The recession that ran from 2007 to 2009 seemed to be good for family cohesion: The divorce rate hit a 40-year low, grown kids moved back […]
April 12, 2011

Study Finds Consumers Pay Credit Cards Before Mortgages

TransUnion released a study that reveals the divergence in payment patterns – where consumers are increasingly apt to pay their credit cards before their mortgages – […]
July 13, 2010

Consumers' Credit is Tanking – More Q&A

When it comes to managing your money, three little digits wield tremendous power over your future – and we’re not talking about your cholesterol or weight.  […]