But when it comes to borrowing, many are understandably cautious. And with good reason: taking on debt can either move you forward or set you back, depending on how and why you borrow. ALSO READ: Why ...

The current average mortgage rate on a 30-year fixed mortgage is 6.32% with an APR of 6.34%, according to the Mortgage ...

Delinquency rates grew in September, hitting levels not seen since before the COVID-19 pandemic. Many consumers were able to manage their debt during the pandemic, as spending slowed and stimulus ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

The letter to U.S. District Court Judge John P. Cronan stated the CFPB and MoneyLion have reached an agreement in principle and plan to file a proposed stipulated judgment with the court by Nov. 3.

Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has remained strong, especially in durable goods like autos, it may decelerate going ...

Use this calculator to see your potential payday loan APR. Payday loans can put your finances at risk, so it’s a good idea to compare alternatives. Use this calculator to see your potential payday ...

U.S. auto loan delinquencies are climbing above pre-pandemic rates and nearing 2008 crisis levels. Consumers now carry $1.66 trillion in auto debt as repossessions accelerate. Consumer Federation of ...

There have been significant developments in the regulation of consumer loans across both the European Union and the United Kingdom in recent years. In response to evolving market dynamics, ...

TAX REFUND. THE NUMBERS ARE CONCERNING. NEARLY 6 MILLION AMERICANS ARE AT LEAST THREE MONTHS BEHIND ON THEIR FEDERAL STUDENT LOAN PAYMENTS, ACCORDING TO RESEARCH FROM TRANSUNION AND THE FEDERAL ...

CAN SAY NO. BUT I KNOW A GIRL. WELL, STUDENT LOAN BILLS ARE COMING DUE AND MANY BORROWERS ARE ALREADY FALLING BEHIND. MALLORY ANDERSON AND CONSUMER REPORTS HAVE WHAT YOU CAN DO RIGHT NOW TO ENSURE ...

If you're struggling with student loans, you're not alone. More borrowers are missing payments, and confusion about overdue dates isn't helping. According to research from TransUnion, nearly 6 million ...