PrimaLend Capital Partners filed Chapter 11 bankruptcy protection, beckoning the start of America’s personal loan crisis. The subprime auto lender catered to...
Three to six months of emergency expense savings has been the standard caution. Rising inflation, lower purchasing power, and a contracting job market have put a...
Millions of Americans believed that their student loans would be forgiven per the promises made under Biden Administration. Then there was a period of student loan...
APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have...
The private debt crisis is becoming apparent in America after car repossessions jumped 23% during the first half of 2024. Data shows that 1.6 million Americans will...
I’ve long been sounding the alarm on the private debt crisis sweeping the Build Back Better nations. US government debt equaled 122.3% of the nation’s GDP in...
Americans are opting to file for bankruptcy at a faster pace as they cannot repay their debts. A few major banks came out to say that they lost over $4.1 billion...
Low-income Americans are in such dire straits due to the elevated cost of living that lawmakers are making changes to the tax code. No, naturally, the politicians...
Inflation can be felt at every tax bracket. Federal Reserve Bank of Minneapolis President Neel Kashkari came out this week and said the public “viscerally...
The Biden Administration implemented a new rule that will cap credit card late fees at $8. The Consumer Financial Protection Bureau has praised the measure,...
