Rising use “is not a signal of satisfaction,” an author of a new report says. Rather, heavy users of the apps are under “financial strain.”
Category: Credit and Debt
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What Travelers Need to Know about Delaying Vacation Payments with B.N.P.L.
The pros and cons of buying travel on a layaway plan.
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Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
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Trump Wades Into Bailout Politics in Offering a Lifeline to Argentina
A $20 billion loan to support Argentina’s president, Javier Milei, could come with economic and political risks.
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Those Missed Student Loan Payments Are Messing Up Your Credit Score
A new report finds that scores dropped the most for those age 18 to 29. Here’s how to deal with a drop in your score.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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The Long-Term Unemployed Today? College Grads.
For years, only a small portion of the people experiencing long spells of joblessness were college graduates. That’s starting to change.
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How People Are Using ChatGPT for Financial Advice
More people are turning to generative A.I. chatbots for financial advice, whether it’s for debt management, better saving strategies or stock picks.
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Debt Collection Lawsuits Are Rising. Here’s What to Do to Fight Back.
The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default.
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Klarna’s Market Debut Shows Wall Street’s Renewed Appetite for I.P.O.s
The company’s shares rose more than 14 percent on the first day of trading, a sign of the health of the public markets and a willingness of investors to bet on new companies.
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Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters
The retailer based in Montreal cited a lender-driven sale process and the end of the de minimis loophole as final blows.