Buy now, pay later users dissatisfied, confused by service, survey says
Users of buy now, pay later said they are confused about how the service providers make money and reported being dissatisfied with the product, according to a survey.
AAA: Drivers faced with $600 car repair costs after pothole damage — compare your financing options
Pothole damage cost drivers $26.5 billion in 2021 alone, AAA reports. If you're stuck with an unexpected bill, compare your auto repair financing options.
How to get a debt consolidation loan for bad credit
If your credit isn’t great and you’re struggling to make your debt payments, a debt consolidation loan for bad credit may help. Learn how to qualify.
Consumer advocate groups urge CFPB to regulate BNPL products like credit cards, cite 'cause for concern'
More than 75 groups sent a letter the CFPB, urging it to begin regulating buy now, pay later providers like credit card companies.
Great Resignation: Workers cite low pay, lack of opportunities for quitting jobs in new survey
About a fifth of U.S. adults quit a job last year in pursuit of higher wages, more benefits and a better work-life balance, according to Pew Research Center.
Biden's 2023 budget would expand Medicaid, lower prescription drug costs: CBPP
Personal health care spending in the United States could be reduced if the federal government adopts Biden's budget proposal for the 2023 fiscal year, the CBPP said.
Unregulated buy now, pay later programs could create debt trap, banking advocates say
Banking advocates have encouraged the CFPB to look into several recommendations to regulate buy now, pay later providers.
Inflation causing Americans to postpone retirement, homebuying, college, vacations & more: Nationwide
Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.
Soaring inflation continues to erode Social Security purchasing power, expert says
TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.
What is the 50/30/20 budget rule?
The 50/30/20 rule can simplify the budgeting process and help you reach your financial goals. Learn how it works and how to apply it to your own spending.
45M consumers have little or no credit profile, study says - how to improve your credit score
A new study from TransUnion said millions of consumers have no credit profiles. Here's how you can start building your credit.
2-year personal loan rates up slightly but remain near record lows, Fed reports
Creditworthy borrowers may want to take out a personal loan to consolidate debt or cover an unexpected expense while annual percentage rates are near record lows.
43% of seniors grapple with higher debt payments as Fed raises interest rates, survey finds
Social Security benefits may not be sufficient for seniors struggling to keep up with debt payments, according to a new survey from The Senior Citizens League.
How to pay off $5,000 in credit card debt
If you want to pay off $5,000 in credit card debt, try these strategies to help you get out of debt sooner.
Many Americans expect to use credit card rewards to travel in 2022: survey
Many credit cardholders said they're ready to use the reward points they accumulated after not traveling during COVID, according to a recent survey.
Biden extends student loan repayment pause until Aug. 31, saying US 'still recovering' from COVID-19
President Biden announced the expansion of student debt payment freezes, citing the continued economic hardships brought on by the COVID-19 pandemic.
5-year personal loan rates plummet to new record low
More favorable repayment terms lead to lower personal loan payments and cheaper overall borrowing costs. Here's what to know about current personal loan rates.
White House to extend moratorium on student loans through August, reports say
The Biden administration is expected to extend a pause once again on federal student loan payments though the proposed timeframe is far shorter than what Democrats had been pushing for, according to reports.
Buy now, pay later expanding to storefronts and gas pumps
With the rise of buy now, pay later, BNPL providers are expanding their services to allow consumers to use this financing option in person.
Consumer credit scores rise as Americans find ways to pay down debt: NY Fed
Consumers utilized extra cash windfalls to pay down debt during the pandemic, which built momentum for higher median credit scores, according to a New York Fed report.