The latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 ...

Explore the advantages, disadvantages, and impact of consumer debt on personal finance. Learn about different debt types and how they affect your financial strategy.

(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 ...

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 ...

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 ...

FTC data show thousands more complaints about threatening debt collectors, while industry leaders say the spike reflects awareness, not misconduct.

Black Americans have been systematically excluded from wealth accumulation through policies and practices that increase debt burdens and limit asset building, leading to chronic financial ...

DAYTON — Complaints about aggressive debt collectors are on the rise as more people find themselves living paycheck to paycheck. Sam Brashears, a single mom working as an appointment scheduler, has ...

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 ...

As prices continue to rise across the country, Americans are tacking more and more money onto their consumer debt. Americans have $1.3 trillion in credit card debt, $1.7 trillion in auto loan debt and ...

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...