Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Category: Credit and Debt
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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.
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They Put Off Getting in Relationships Until They Earned Enough Money
Money can’t buy love, but it can help single people feel more ready to find it.
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Uncle Nearest Whiskey Is in a Fiscal Bind
A federal judge has ordered that Uncle Nearest be placed in receivership, after a lender claimed the company’s finances are in disarray.
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Chinese People Are Known to Be Big Savers. Many Are Drowning in Debt.
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.
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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.