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X @Investopedia
Investopedia· 2025-08-23 00:01
From increased credit card debt stressing Americans out to the Federal Reserve possibly nearing an interest rate cut, here is some news that could impact your wallet this week, and how you can prepare your finances for the week ahead. https://t.co/Hlggzff6L8 ...
NY Fed: Total household debt increases by 1% in Q2 to $18.4 trillion
CNBC Television· 2025-08-05 15:35
Hey Leslie, the New York Fed out with its second quarter of 2025 household debt and credit report. It shows the household debt increased by a modest 1% up 185 billion to a large number of $18.4% trillion. The more important question of delinquencies, they were remain elevated for auto loans and for credit card debt.Uh but student loan delinquencies because of a change in how they're treated, they have surged. Overall delinquency rates though remain relatively modest if you take out student loans up but not ...
X @Bloomberg
Bloomberg· 2025-07-08 19:19
US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other revolving debt outstanding. https://t.co/3nMsjjEoUB ...
How the Fed's interest rate decision affects your money, mortgage rates, and credit card debt
Yahoo Finance· 2025-06-28 00:30
Well, Federal Reserve officials are split on whether an interest rate cut in July is on the table depending on whether the FOMC holds rates steady or reduces the benchmark rate. What does that outcome mean for your everyday finances. Here to explain and discuss further, we've got Rob Conzo, who is the Wealth Alliance CEO.Rob, good to have you here with us. How does the Fed's benchmark rate affect people's personal finances. Great to be with you, Brad.Um, it's a very misunderstood rate. It's the red the rate ...