vitapix | E+ | Getty Images Your credit score can make or break your ability to open a credit card or buy a new car or home at attractive interest rates. To boost your score, you need to know where yo...
Tag: Consumer credit
U.S. Consumer Borrowing Has Reached Record Highs
Americans are holding record levels of debt. getty American consumers are more indebted than ever. The just recently released Federal Reserve Consumer Credit-G.19 report shows that U.S. consumer credi...
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of hou...
Financing a new car? How much you can save with excellent credit score
By now, you probably know that prices for new cars have been climbing at a brisk pace, along with many other consumer goods, in the midst of high inflation. The average cost of a car is an estimated $...
Where will Americans spend their next dollar? CEOs are getting worried
At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to ...