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Cost Of Credit Card Debt Continues To Soar - Latest News


Retirees Face New Challenge: Mounting Student Debt

On top of many retirees not having saved enough in retirement, longtime financial burdens for older Americans continue to weigh on the finances of seniors. These include credit card debt, mortgage ... ... read more

Credit card debt is costing you nearly $1,000 per year

Nearly half of Americans carry credit card debt, with an average balance of $15,654, according to an analysis by NerdWallet, based on data from the Federal Reserve Bank of New York and the U.S. Census ... read more

10 Financial Moves to Make When Interest Rates Rise

Rising interest rates mean that any credit card debt will cost you more every month ... and expect interest rates to continue rising, it may be worth making the big purchase sooner rather than ... read more

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TransUnion: Personal Debt Levels Continue to Soar to Record High Levels

"It should be noted, though, that British Columbia has the highest debt levels in the nation." Consumer Debt - Quarterly/Yearly Total consumer debt increases were seen across all product categories. C... read more


5 Ways You Haven't Considered To Save or Make Money

With the government shutdown now entering its second month, and with no end in sight, over 800,000 federal workers and contractors continue to go unpaid ... so that you can accelerate the payoff of cr... read more

Getting Out of Credit Card Debt Once and For All

Having savings in place for emergencies will help you avoid going deeper into debt at a time when you are trying to get debt out of the picture. It is just as important to continue ... rate credit car... read more

Drowning in debt: How a Brunswick families medical bills pushed them into debt, sacrifices

These lifesaving or life-giving procedures are expensive but nearly unavoidable for people wanting to improve their quality of life — a decision between high costs of care and the high costs of avoidi... read more

Scrutiny Over College Governance As Tuition Costs Continue To Soar

Rising tuition and costs contribute to the enormous amount of debt students take on, which is now more than $1 trillion dollars, surpassing credit card debt. And the U.S. higher education system has b... read more

5 Ways You Can Erase Your Credit Card Debt

Here are five ways you can erase your credit card debt. The list starts with the less expensive method. Discover which option is the best and most cost-effective for you ... seem counterintuitive beca... read more

Top 10 Ways to Conquer Your Debt

While attractive, debt consolidation loans usually don’t make sense if the loan will cost you more over the long haul compared to paying your cards down faster. With credit card balance transfer ... l... read more

Everything You Need To Know About Debt

Debt has become so ingrained in our American lifestyles, it’s borderline impossible to live without a credit card or a loan ... and without changes and action, it will only continue to get worse. Watc... read more

How Furloughed Employees Can Manage Student Loan Debt

If you are among those who have been asked to wait out the shutdown on the sidelines or continue reporting to work without pay, you are all too aware of the mounting financial pressures. Mortgage lend... read more



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