Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
A first in the BC Consumer Debt Study’s 13-year history, the latest study finds costs of living are now the number one cause of problem debt for consumers surveyed, causing significant challenges ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
When margin debt surges 45% while consumer sentiment plummets to near-record lows, history says a crash follows. Thursday, it started. Nvidia beat earnings by billions, but the market didn’t care, ...
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...
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