In a concerning economic shift, Americans have felt the pinch as their incomes dipped in the wake of skyrocketing inflation. New data from the U.S. Census Bureau reveals that real median household income, which stood at $76,330 in 2021, took…
In a startling financial revelation, it has come to light that while most Americans diligently keep tabs on their mortgage rates, they often overlook the lurking menace within their credit card statements. Recent reports indicate that the Federal Reserve’s decision…
In a bold move, the National Retail Federation (NRF), the largest retail trade association in the nation, has called on Congress to pass the groundbreaking Credit Card Competition Act (CCCA). This bipartisan legislation, the NRF claims, carries the potential to…
In a recent development, borrowers with good credit have found themselves facing an unexpected challenge in their quest for personal loans. Over the past seven days, these creditworthy individuals discovered that prequalified rates for both 3- and 5-year personal loans…
Californians are under the spotlight in the latest WalletHub report, revealing that they are accumulating the highest levels of credit card debt across the United States. The data, compiled from TransUnion, the Federal Reserve, and the Bureau of Labor Statistics,…
