Credit & Debt

The cost of rental housing is outpacing wage growth and inflation, according to a new housing study by Pew Research Center.

Buy now, pay later (BNPL) services give consumers an opportunity to avoid accruing high-interest credit card debt, recent survey data said. But these payment plans may come with pricey consequences for missing payments.

Payday loan lenders offer short-term loans and cash advances, but these products come with high interest rates that often lead to a debt trap, the CFPB found.

Shoppers are reverting to bad habits with a rise in unnecessary spending, succumbing to the urge of in-person impulse purchases, according to a new survey.

Variable credit card APRs are likely to rise in the coming months as the Federal Reserve is expected to increase interest rates.

Russia has fought off a number of pitfalls as it tries to maintain some economic stability as it braces for the full impact of western sanctions.

If you’re wondering how to pay off debt, consider these tips and strategies to help you repay your debt as efficiently as possible.

With the expiration of child tax credit payments, policy analysts at the CBPP have suggested a new way for state governments to financially support families.

Users of buy now, pay later said they are confused about how the service providers make money and reported being dissatisfied with the product, according to a survey.

Pothole damage cost drivers $26.5 billion in 2021 alone, AAA reports. If you're stuck with an unexpected bill, compare your auto repair financing options.

If your credit isn’t great and you’re struggling to make your debt payments, a debt consolidation loan for bad credit may help. Learn how to qualify.

More than 75 groups sent a letter the CFPB, urging it to begin regulating buy now, pay later providers like credit card companies.

About a fifth of U.S. adults quit a job last year in pursuit of higher wages, more benefits and a better work-life balance, according to Pew Research Center.

Personal health care spending in the United States could be reduced if the federal government adopts Biden's budget proposal for the 2023 fiscal year, the CBPP said.

Banking advocates have encouraged the CFPB to look into several recommendations to regulate buy now, pay later providers.

Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.

TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.

The 50/30/20 rule can simplify the budgeting process and help you reach your financial goals. Learn how it works and how to apply it to your own spending.

A new study from TransUnion said millions of consumers have no credit profiles. Here's how you can start building your credit.

Creditworthy borrowers may want to take out a personal loan to consolidate debt or cover an unexpected expense while annual percentage rates are near record lows.