Credit card debt increased to record $931 billion: Here's how to pay debt quickly
Americans' credit card debt increased to more than $931 billion in the last quarter of 2022 amid high inflation and rising interest rates. Here’s how to cut down debt and lower your monthly expenses today.
Biden invokes 'chaos,' sticks to refusal to negotiate on debt during first post-State of the Union speech
President Joe Biden on Wednesday said defaulting on the national debt -- as advocated by some Republican lawmakers -- would lead to "chaos."
27% of consumers in relationships expect Valentine's Day spending may cause them to rack up credit card debt
Some consumers spending money for Valentine’s Day anticipate doing so for their other half might rack up credit card debt for them, according to a LendingTree survey.
Twitter makes first interest payment on debt since Musk buyout: report
Twitter reportedly made its first interest payment Friday on about $12.5 billion of debt that Elon Musk used to purchase the social media platform last year.
Banks brace for more consumers to fall behind on their loans
American banks increased reserves to prepare for potential defaults on credit card debt, student loans, and other personal loans to prepare in case of a recession.
Biden's new student loan repayment plan would cost billions more than White House projected
Changes to the income-driven repayment plans from the Biden team could cost more than double what the White House projected, according to Penn Wharton.
Americans plan to increase Valentine's Day spending despite squeezed budgets
Americans apparently do not plan on skimping when it comes to spending money on their sweethearts this Valentine's Day, despite consumers feeling the squeeze of inflation.
China fires back at Yellen, tells US to 'cope' with its own debt
China clapped back at U.S. Treasury Secretary Janet Yellen after she accused Beijing of being a debt reform 'barrier' for Africa and told Washington to 'cope with its own debt problem.'
Yellen says Treasury will take additional 'extraordinary measures' on debt limit
The U.S. government bumped up against the debt limit last week, prompting the Treasury Department to take emergency measures to avoid a potential default.
How to increase your credit score fast
Need to boost your credit score? Keep reading to learn about how to build your credit score fast.
Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Republican lawmaker rips Democrats’ 'wild, wasteful' spending as ‘the root of many evils’
Rep. Dan Meuser calls out Democrats' "excessive, wild, wasteful" spending impacting interest rates, Social Security, the labor sector, housing and Medicare.
Credit card debt prevents nearly 20% of Americans from becoming homeowners
Amidst high inflation and home prices, mounting credit card debt is preventing many Americans from becoming homeowners.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
What credit score do you need for a mortgage?
Want to be sure you have the credit score needed for a mortgage? Learn what lenders are looking for to get approved to buy a house.
Jamie Dimon on debt ceiling: 'Not something we should be playing around with'
JPMorgan Chase CEO Jamie Dimon on Thursday weighed in on the debt ceiling, telling CNBC that it is "not something we should be playing around with."
9 of the best debt consolidation companies
Lower your total cost or monthly payment with better terms and rates. Learn more here.
Yellen pushes competition, not conflict with China, in her first in-person meeting with counterpart
Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He on Wednesday in Switzerland, pushing an effort to prevent "anything even near conflict."
Looming debt ceiling showdown risks triggering 'self-inflicted' recession for US economy
If Congress fails to raise the roughly $31.4 trillion federal debt limit by June, it could trigger a "self-inflicted" recession and "severe" market pain.
Don't be afraid to face your financial fears: Money manager Dave Ramsey gives tips to build wealth in 2023
Ramsey Solutions founder and CEO Dave Ramsey and financial expert Rachel Cruze break down the key ways Americans can manage and grow their wealth in 2023.