Social Security payments could be cut over student loan default
Seniors who default on their student loans could see benefits garnished. But there are ways to save.
Halloween spending will hit a new record but consumers weary of inflation's impact: report
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).
Student loan scammers arise as repayment begins
As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.
Debt relief scams grow as consumer debt hits record high: BBB
The Better Business Bureau has received over 11,000 complaints and almost 900 negative reviews about debt and credit assistance.
Treasury just dropped a financial bomb, but Bidenomics means the worst is yet to come
The Biden administration is promising more government spending and multi-trillion-dollar deficits forever.
Share of Americans borrowing from 401(k) multiple times rises
A 401(k) loan can help you pay off debt, but it can harm your retirement savings and become a repeat move depending on various factors, one study found. Here's what to know about 401(k) loans.
AmEx's third-quarter profit beats estimates on buoyant spending
American Express reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns of an economic downturn.
Credit card delinquency rates and balances are on the rise
Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.
Follow these 7 tips to see $1M in your bank account
Growing wealth involves a lot of time, dedication and hard work. In order to reach your first million, you'll need to lower expenses, increase income and make smart investments.
Americans say credit cards add to the challenge of managing finances: survey
Most Americans said they felt "in control of their finances," but 79% think they could be doing a better job managing them, according to a recent Affirm survey.
Social Security cuts: Retirees could face more than $17,000 in annual benefits losses
Social Security could run out of money to make full benefits payments in 2033, spurring as much as $23,000 in benefits cuts for retirees, a study found. Here’s what you need to know.
Average credit card balances rise to more than $6,000
Credit card originations increased and balances have risen. But there are ways to pay off your high interest debt.
Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
Most Americans see the economy in bad shape and getting worse: poll
Most Americans believe the economy is in bad shape, but the majority also say their finances are well, according to a poll. Still, inflation and high interest rates could impact the finances of Americans as the economy remains the top concern going into the presidential election.
Household income drops amid high inflation
The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Biden administration announces rule to remove medical bills from credit reports
Vice President Kamala Harris and the Consumer Financial Protection Bureau announced the Biden administration is proposing a rule to remove medical debt from credit reports.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
Interest rates for mortgages, credit cards and auto loans: where they stand
The Federal Reserve decided to pass on raising interest rates again in its latest meeting, but borrowers are still feeling pain. Here's what they can expect to pay.
Student loan repayment may force some to take on more debt: Survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.



















