It’s a frightening reality about the state of American consumer debt that at the end of 2024, the Federal Reserve Bank of St.

The Fed report finds that 60% of credit card accounts carry a balance from one billing period to the next, despite the fact ...

Declining interest rates have started to ease the pressure on household balance sheets, but insolvencies are growing and ...

Fees: Texas laws allow debt relief companies to collect their fees only when the debt is settled. Fees vary by company, but ...

As a result, total American mortgage debt increased from $11.62 trillion to $12.11 trillion as of the third quarter (Q3) of 2024. This marks an increase of about $490 billion, or 4.2%. The total ...

In Pennsylvania, the average mortgage balance grew by 2.9% to $175,647, which is $76,858 lower than the national average of ...

In Ohio, the average mortgage balance grew by 3.2% to $149,427, which is $103,078 lower than the national average of $252,505 ...

In Georgia, the average mortgage balance grew by 3.9% to $225,786, which is $26,719 lower than the national average of $252,505.

That's still kind of a weird flex: Mortgage rates dropped that low because of emergency actions taken by the Federal Reserve ...

High credit card interest rates can make it harder to get out of debt for those carrying a balance on their credit cards from month to month. Credit unions and smaller banks tend to offer lower ...

As a result, total American mortgage debt increased from $11.62 trillion to $12.11 trillion as of the third quarter (Q3) of ...