Older consumers – whether financially secure or not – also generally don't know what happens to credit card debt after the ...

A new survey from AARP finds nearly half of adults aged 50 and older are carrying credit card debt. For those with lower incomes, credit cards often become a necessity just to make ends meet. Consumer ...

In April 2025, medical debt stopped appearing on credit reports, but seniors and others still need to manage health bills ...

The president returned to Washington from a Middle East trip to find his tariffs and a U.S. debt downgrade remain a concern ...

Millions of Americans with federal student loan debt are once again subject to involuntary collection efforts, and that includes the garnishment of Social Security benefits for tho ...

Additionally, younger people tend to have lower credit scores and less debt, as they haven't had the time to build credit like older consumers. On the other hand, consumers with excellent credit ...

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

If you’re deep in debt — or concerned that lingering inflation, the U.S. trade war or a potential recession could land you ...

Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday.

People who stopped paying their student loans during the Covid-19 pandemic could soon start facing reductions in their ...

The New York Fed's quarterly Household Debt and Credit Survey (HHDC) shows that total consumer debt stands at $18.203 trillion as of the first quarter of 2025. That's a record high. According to ...