A first in the BC Consumer Debt Study’s 13-year history, the latest study finds costs of living are now the number one cause of problem debt for consumers surveyed, causing significant challenges ...
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Debt collection complaints are surging: Here’s why
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
When margin debt surges 45% while consumer sentiment plummets to near-record lows, history says a crash follows. Thursday, it started. Nvidia beat earnings by billions, but the market didn’t care, ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...
Collectively, Americans owe $1.23 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. However, despite the overall uptick, there is a growing divide ...
For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...
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