Tag: Consumer Debt
Consumer debt is piling up, and that’s OK
Consumer debt is rising in the U.S., and the reaction to this news has been both heated and predictable: “Americans in record debt: It’s...
U.S. consumer borrowing cools on drop in credit-card balances
WASHINGTON – United States consumer borrowing increased less than forecast in November as outstanding balances on credit cards and other revolving debt declined by...
U.S. consumer credit increased less than forecast in June
WASHINGTON – United States consumer debt rose less than forecast in June as Americans whittled away at their credit-card balances following a big bump...
U.S. consumer borrowing climbs on bigger credit card balances
WASHINGTON – United States consumer debt climbed in May at about the same pace as a month earlier, led by the largest advance in...
Consumer credit in U.S. rises in April by most in 5...
NEW YORK – United States consumer debt increased by the most in five months in April and topped estimates, suggesting more upbeat sentiment among...
Americans kept borrowing in first quarter as new mortgages eased
NEW YORK – Americans continued to take on debt in the first quarter, though new mortgage borrowing slowed to the weakest level since late...
U.S. consumer debt rose in Jan. on credit-card borrowing
NEW YORK - United States consumer debt picked up in January as Americans tapped credit cards after the holidays, suggesting support for spending at...
BauerFinancial: U.S. consumer debt exceeds 2008 peak
PROVIDENCE – Consumer debt has grown to more than $13.5 trillion nationwide, exceeding the 2008 peak by $869 billion and more than 21 percent...
Alarm over consumer debt overblown
There is no shortage of worrisome articles about consumer debt. And expect to see such concerns continue now that household debt surpassed the peak...
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