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129 articles found for "passive income"
The Department of Education reversed course and delayed wage garnishment for millions of defaulted student loan borrowers. Here's what changed, what happens next, and what borrowers should do now.
A record share of car buyers are signing up for $1,000+ monthly payments as vehicle prices and financing amounts hit all-time highs. Here's what it means for household budgets.
New research reveals a growing crisis of persistent credit card debt, with three in five cardholders carrying balances for at least 12 months as day-to-day expenses become the primary driver.
Fitch reports 6.65% of subprime auto loans are at least 60 days past due, the highest since records began. The auto lending market shows cracks even as the broader economy holds steady.
The federal government has begun garnishing wages from defaulted student loan borrowers for the first time since March 2020. Here's what borrowers need to know.
Americans owe a record $1.23 trillion in credit card debt at 22%+ interest rates. Balance transfer cards offering 0% APR into 2027 provide rare relief.
The Department of Education has resumed wage garnishment for defaulted student loan borrowers, sending notices to approximately 1,000 borrowers in the first wave of collection activity since 2020.
Major banks consider offering credit cards with 10% interest rate caps as Trump pushes for consumer relief, but industry warns of devastating consequences for credit access.
TransUnion forecasts the smallest credit card balance growth since 2013 and stable delinquency rates, signaling improved consumer credit behavior in 2026.
Americans now carry a record $1.21 trillion in credit card debt, with most balances tied to necessities like groceries and utilities rather than discretionary spending.
Buy Now Pay Later services have created billions in 'phantom debt' that traditional credit systems can't see. Here's why regulators are increasingly concerned.
Nearly half of American credit card holders carry balances at 22%+ interest rates. New survey data reveals 61% have been in debt over a year, and 22% don't believe they'll ever pay it off.