The average American household has a lot of debt, owing more than $132,000 including their mortgage. Roughly 40% of these households have credit card debt, though many of them do pay their balances off in full.
U.S. student loan debt is rising, and it’s surpassed the amount of credit card debt Americans owe.
Just one-quarter of outstanding car loans were given out to subprime borrowers – the ones that have the most difficulty.
The federal government will be writing off $178.4 million worth of student loans – the second year for write-offs.
America’s relationship with student loans isn’t great. After all, six months after exiting college (graduation or not), the student has to pay the loan back.
If your credit score is bad, you may have thought of ways that you could correct it. Perhaps you thought about letting an agency to “repair” your credit for you, but before you do this, there are three things to keep in mind:
The cash registers at Arby’s fast food restaurants were found to have malware, and the breach may have affected over 355,000 debit and credit cards.
The Mom and Pop banks are still open for their millennial children – 40% of 20-year-olds get parental assistance for their living expenses. However, if Mom and Pop would like to retire, they need to stop now.
For people who’ve been making their minimum required amounts on their credit card debt, it may no longer be enough for Fannie Mae.
The National Advertising Review Board has informed Comcast that it can no longer make the claim that it’s got the “fastest Internet in America.”