The push into consumer debt is the latest example of private credit managers’ aggressive move into “asset-based finance”, which includes equipment and aircraft financings, auto loans and student debt, ...

Discover how a Certified Consumer Debt Specialist can aid in debt relief and negotiation. Learn about their certification, benefits, and impact on your finances.

Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That's a 2.4% increase from the $17.15 trillion total Experian ...

Elevated interest rates and high living costs continue to strain retiree budgets as we head into 2026. A recent AARP study ...

Although the growth rate slowed in 2023, it still reflects a trend in which consumers across the United States have continued to take on more debt. “Consumers appear to be in a solid position to ...

Consumer credit hit a record high of $4.82 trillion in February, according to a new report from the Federal Reserve, continuing a pattern of historically high rates of debt that began at the start of ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

One exception where you may be on the hook is if you cosigned the loan, like Elena did with Marcus’s $10,000 personal loan, ...

Americans are racking up debt at record rates. Consumer debt levels for March 2022 climbed by $52.4 billion, an annual increase of 14%, seasonally adjusted, according to Federal Reserve data released ...

Pla2na // Shutterstock Experian study: Average U.S. consumer debt and statistics Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to ...