Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Retirement account balances increase for third straight quarter
Average 401(k) and IRA balances have risen for three straight quarters, Fidelity reported. But some savers face particular hurdles.
This week's personal loan rates: 3-year loans inch down while 5-year loans spike
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
Personal loan rates inch back up for both 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Recession could hit in October if unemployment rises slightly: mathematical model
If the unemployment rate rises slightly this month, it could mean a recession in October, according to a mathematical model that correctly signaled the 2020 recession. But economists are split about the likelihood of a recession this year. Here’s what you need to know.
Yield curve pioneer warns Fed not to raise rates, predicts possible recession in 2024
Duke University's Campbell Harvey said it would be unwise for the Federal Reserve to raise rates in November, citing current economic figures and conditions.
Consumers are turning to personal loans to pay off credit card debt: TransUnion
Personal loans have helped many Americans pay down high-interest debt and improve their credit scores amid high inflation and economic uncertainty, according to a report by TransUnion.
Personal loan interest rates fall for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Consumer credit increased by nearly $5 trillion
Consumer credit balances including credit cards reached trillions of dollars in Q2 2023 as Americans turn to credit cards to deal with high inflation and meet other needs. But there are many ways to pay off debt quickly.
Average monthly mortgage payment at near all-time high
High mortgage rates have brought average monthly mortgage payments to near-record highs as Americans deal with economic uncertainty. But there are ways to lower your monthly mortgage payments.
This week's personal loan interest rates plunge for 3-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Good news: Personal loan interest rates edge down for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
5 ways to pay off debt this Labor Day
Americans with high-interest debt have several options to pay it off including personal loans, balance transfer cards and borrowing from home equity.
Student loan repayments will be starting again soon: Here's how to get it done
Student loan repayments begin again soon. Here are tips on how to get it done using organizational skills, spending strategies and payback implementation, according to money pros.
Personal loan interest rates edge down for 3-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
GDP growth for Q2 dips on second estimate
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
Fed governor warns more interest rate hikes may be coming
Fed Governor Michelle Bowman said additional interest rates may be needed to lower inflation to a preferred target range. But inflation has slowed in recent months, even as Americans dealt with record-high credit card debt.
Personal loan interest rates edge up for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Personal loan interest rates continue to edge up for all terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.