The $50,000 Car Crisis: Why Auto Affordability Has Reached a Breaking Point
New car prices surpassed $50,000 for the first time in 2025, with 7% loan rates and rising insurance costs pushing vehicle ownership out of reach for many Americans.
41 articles found for "passive income"
Student Loan Wage Garnishment Returns: What Borrowers in Default Need to Know Now
The Trump administration has begun sending wage garnishment notices to federal student loan borrowers in default. Here's what you need to know about protecting your paycheck and getting out of default.
TransUnion 2026 Forecast: Credit Card Debt Growth Slows to Decade Low as Delinquencies Stabilize
TransUnion projects credit card balance growth of just 2.3% in 2026—the smallest increase since 2013—as consumers retrench and lenders tighten standards.
The BNPL Reckoning: Why Buy Now, Pay Later Debt Could Spark the Next Consumer Credit Crisis
Americans have accumulated unprecedented Buy Now, Pay Later debt that doesn't appear on credit reports. As payments come due, regulators are warning of 'phantom debt' risks.
The SAVE Plan's Final Chapter: 7 Million Student Loan Borrowers Face a Dramatic Reset in 2026
The Trump administration's settlement ends Biden's SAVE student loan plan. Here's what 7 million borrowers need to know about new repayment options and higher costs ahead.
The Holiday Debt Hangover: 70% of Americans Enter 2026 Carrying Credit Card Balances
A record 70% of credit card users will carry balances into 2026 after holiday spending hit $1 trillion. Here's what the debt hangover means for consumers.
The Phantom Debt Reckoning: Buy Now, Pay Later's Hidden Crisis Comes Into Focus
Buy Now, Pay Later debt has been invisible to lenders—until now. As credit bureaus begin reporting BNPL balances, a hidden crisis is emerging.
The CFPB Survives: Federal Court Blocks Trump Administration's Latest Attempt to Defund Consumer Watchdog
A federal judge ruled the Consumer Financial Protection Bureau must continue receiving funding, dealing a major blow to the administration's efforts to shutter the agency.
Auto Loan Rates Finally Ease, But New Car Prices Cross the $50,000 Threshold
Average new-vehicle loan rates dropped to 6.6% in November, but affordability remains challenged as transaction prices officially exceeded $50,000 for the first time.
The Student Loan Bankruptcy Myth Is Dead: 87% of Borrowers Who Try Now Succeed
A new study reveals 87% of student loan borrowers who pursue bankruptcy discharge now succeed, up from 40% in 2007. The myth that these debts can't be discharged is finally crumbling.
5.5 Million Student Loan Borrowers Face Wage Garnishment as Default Collections Resume in January
The Trump administration will resume garnishing wages from 5.5 million defaulted student loan borrowers starting January 2026, ending a years-long pandemic pause.
Credit Card Debt Hits Record $1.23 Trillion as Americans Borrow Through Inflation
American credit card balances have surged 60% since the pandemic low, reaching a record $1.23 trillion with delinquency rates at their highest since 2011.