A new survey shows that nearly 70 percent of adult children view their mothers as the go-to choices for personal finance discussions.
Those over the age of 50 carried an average credit-card balance of $8,278...
The minutes from the Federal Reserve Open Market Committee meeting were released early, good times roll for real estate, and credit-card debt is on the rise...
Several factors such as stagnant incomes, high unemployment, and rising living costs have resulted in a 30 percent surge in both secured and unsecured debt...
The average amount of credit card debt per household increased every quarter last year...
It is too soon to tell if the trend will continue, but those under 35 years old are reducing debt loads substantially faster than older adults...
Although the Dow Jones Industrial Average and the S&P 500 are nearing their all-time nominal highs made in 2007, the financial landscape is quite different...
Car purchases and student loans were the biggest culprits in November, as U.S. consumer debt reached a record high (adjusted for the season) of $2.77 trillion...
In comparison, the total amount outstanding on credit card balances is about $800 billion...
Here's the latest assessment of the situation...
Credit card debt was down in April but non-revolving debt more than made up the difference ...
If the media turns Slater into a hero during one of the worst recessions in a century, they may actually succeed in irresponsibly convincing people fortunate enough to have a job to catalyze a personal tragedy ...
Predatory lending aside, this is a philosophical question of liberty ...
Default rates are still in nosebleed territory ...