The risky options for Main Street cash, credit, when banks say no to lending
Online loans and merchant cash advance offers will come for business owners as banks tighten credit access, but there are
Read more
Personal debt
Here’s how much wedding guests are spending as inflation, interest rates are ‘taking a toll,’ expert says
Wedding guests are now spending more than $600, on average, on travel and accommodations, gifts and special-occasion attire and preparation,
Read more
As investors worry about a recession, take 3 steps to boost your financial security, advisor says
Negative headlines have some Americans fearing the worst for the economy, but there are still ways to improve your financial
Read more
Student loan payments are set to resume. Here’s a potential winning play for investors, BofA says
Federal student loan repayments have been paused for more than three years, but the relief is expected to end later
Read more
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the
Read more
Biden administration has canceled $66 billion in student debt. How to know if you qualify
Under President Joe Biden, the U.S. Department of Education has in recent years canceled more than $66 billion in education
Read more
Social Security cost-of-living adjustment could be 3.1% for 2024, according to early estimate
As inflation cools, retirees and other Social Security beneficiaries may see a smaller cost-of-living adjustment next year. Source link
Read more
How the U.S. built a junk fee economy
Americans are collectively spending nearly $65 billion on junk fees, according to the White House. Source link
Read more
Savings account interest rates just hit a 15-year high, but fewer Americans are benefitting
The returns savers can get on their money are the highest they've been in 15 years, yet most people don't
Read more