For decades, banks controlled consumer credit. They decided who got approved, at what rate, and on what terms. But in 2025, banks are no longer the first option. Private credit, once a fringe asset ...

The Federal Reserve’s policy tools can’t offer lower-income households immediate relief from inflation or stunted wage growth ...

Politicians often forget that the more they prescribe how companies deliver a service, the costlier and less accessible it becomes. The excessive regulation of consumer credit is a prime example of ...

There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...

Look at transferring your balance to a low or zero-percent card or consolidating your debt in a personal loan.

Mortgage debt is the primary driver behind rising credit balances Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of CreditGauge ...

Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said Friday. In percentage terms, it is the biggest gain since June 2022.

Debt Support National has expanded its comprehensive debt relief programs to address the growing financial pressures facing American consumers struggling with mounting credit card balances and other ...

CHICAGO (WLS) -- Here's a quick tip about a tool, which could help tackle high-interest rate credit card debt. According to consumer experts, home equity could help. Credit card interest rates average ...

Rent reporting is touted as a way to help marginalized people build credit. But experts say the risks can outweigh the rewards for some consumers.

U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...