Only Greater Financial Awareness, Education Can Help Lower-Income Americans Rise Above Debt
It seemed like Angela and Edward Johnson’s dream of owning their own home would only remain just that. A dream.
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Consumer Debt — Page 3
Household Debt Sky-Rockets; Consumer Group Calls for Payday Loan Reform
Here is scary news: the American public now has a negative net savings rate. Home prices, medical care, and college tuition are all growing faster than wages, while debt has become increasingly pervasive among American households.
Consumer Debt Levels Rise in May; Credit Cards, Not Payday Loans, to Blame
As Americans took on large debt than expected in May - to the jaw-dropping total of $4.4 BILLION - it would be easy to blame the prolifieration of payday loans for these difficulties.
Credit Card Companies Offer New Incentives to Lure Business; Rising Consumer Debt to Follow?
It's not your imagination.
Families Pile on Debt as Payday Loan Concerns are Weighed, Real Estate Counted On
Based on the Federal Reserve Board's most recent Survey of Consumer Finances, American households piled on more debt between 2001 and 2004 than ever before. Meanwhile, their net worth barely increased.
Credit Crash, Debt Epidemic Looming in Canada?
The Day of Reckoning is coming.
Consumer Debt Escalates as Individuals Consider Payday Loans
The debt situation in America isn't pretty. There's little wonder why payday loan use has been on the rise when you consider the following: - As of April, consumer debt through commercial banks was increasing at an annual rate of 6…