Tag: Debt
Some Americans have become saddled with credit card debt as rent,...
NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...
Overspent in December? Here’s how to battle the January blues
The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it...
QuoteWizard: R.I. sees largest credit card delinquency decline in U.S. in...
PROVIDENCE – Rhode Island saw one of the largest drops in credit card delinquency rates nationwide during the first part of the COVID-19 pandemic,...
The morality of canceling student debt
President-elect Joe Biden promised to forgive at least some student debt during his campaign, and he now supports immediately canceling $10,000 per borrower as...
A guide to surviving financially as the bills come due
The coronavirus has dealt a financial blow to millions of Americans and now April’s bills are coming due.
The good news is there is help...
Survey: Most Americans dip into savings
PROVIDENCE – More than half of the 1,029 Americans who answered a recent online survey admitted to tapping into their retirement savings account early.
The...
Report: Private market for student loans is ‘exploding’
PROVIDENCE – The private market for student loans has “exploded” in recent years, as there is now about $102 million in private student loan...
There’s nothing wrong with stronger banks
Must a safer banking system inevitably be less dynamic? Judging from the experience of the U.S. and Europe since the 2008 financial crisis, not...
U.S. can take on a lot more debt
For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
Federal debt is surging at fastest pace since 2012
NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...
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