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Tag: consumer debt crisis

Auto Loan Delinquencies Signal a Consumer Debt Crisis

Americans are falling behind on their car payments at levels not seen in nearly a decade, and the situation is becoming increasingly alarming. According to new...

American Household Debt Reaches $18.59 Trillion

American household debt has reached a new all-time high after rising by $197 billion in Q3 to $18.59 trillion. American consumers, the breadbasket of the national...

Judge Rules Medical Debt Must Appear on Credit Reports

The Consumer Financial Protection Bureau (CFPB) may no longer remove medical debt from credit scores, a federal judge has ruled. This is yet another example of...