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Americans' debt level rises in third quarter


WASHINGTON (Reuters) - Americans' debt level rose during the third quarter, driven by an increase in mortgage loans, according to a Federal Reserve Bank of New York report published on Tuesday. (Reuters US News) More More

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Posted on 23 January 2018 | 11:03 am | Google News

Credit card debt hits a record high. It's time to make a payoff plan - CNBC


CNBC

Credit card debt hits a record high. It's time to make a payoff plan
CNBC
When it comes to the dangers of high-interest credit card debt, Americans are savvier than ever. That hasn't stopped them from putting more on plastic than ever before. The average American has a credit card balance of $6,375, up nearly 3 percent from ...

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Posted on 23 January 2018 | 9:54 am | Google News

America's millionaire boom - The Japan Times


America's millionaire boom
The Japan Times
Indeed, it's conceivable that 10 percent of households are now millionaires. The reason: Wolff's study doesn't cover 2017, when stocks soared roughly 25 percent. Most gains would have been captured by the rich and upper middle class, pushing many over ...

Posted on 23 January 2018 | 4:25 am | Google News

The Rise of the Asian Consumer - U.S. News & World Report


U.S. News & World Report

The Rise of the Asian Consumer
U.S. News & World Report
Now, however, the American household is losing that stature. As incomes rise in once-poor, but rapidly growing developing economies, more and more families are joining the global middle class. And nowhere is that happening faster or with greater impact ...

Posted on 22 January 2018 | 7:21 pm | Google News

Credit card defaults on the rise, and Chicago is worst, as holiday bills come due - Chicago Tribune


Chicago Tribune

Credit card defaults on the rise, and Chicago is worst, as holiday bills come due
Chicago Tribune
It's a tough time of year to pay down debt, because holiday bills are due but many families are also planning for spring and summer vacations, said Michael Foguth, founder of the Foguth Financial Group in Brighton, Mich. Foguth believes that more ...

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Posted on 22 January 2018 | 12:16 pm | Google News

6 Easy Tips For Paying Down Your Credit Card Debt - Forbes


Forbes

6 Easy Tips For Paying Down Your Credit Card Debt
Forbes
2018 is in full swing, and while 2017 may be a thing of the past, your credit card debt is still with you. According to Magnify Money, approximately 125 million Americans hold credit card debt, totaling over $527 billion. With interest rates on the ...

Posted on 22 January 2018 | 11:38 am | Google News

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