More Consumers Are Willing to Work With Collectors, Encore Survey Reveals
Consumers are more financially stressed than ever, but are also more open to working with debt collectors to resolve their debts, according to Encore Capital Group’s 2025 Economic Freedom Study,...
View ArticleBK Filings Climb for Ninth Straight Quarter, Up 12% YOY
Bankruptcy filings continue to rise, increasing 11.5% year-over-year for the 12-month period ending June 30, according to newly released data from the Administrative Office of the U.S. Courts. A total...
View ArticleHousehold Debt Growth Steady, but Student Loan Delinquencies Surge —...
By the numbers: What’s happening: The Federal Reserve Bank of New York’s second quarter Household Debt and Credit Report shows steady overall debt growth but a troubling spike in student loan...
View ArticleVolatility in Economy Shifts Credit Card Usage and Consumer Health
A new study from J.D. Power highlights growing financial strain among U.S. credit card customers, with more than half of cardholders carrying revolving debt and 56% classified as financially unhealthy....
View ArticleConsumers Turn to Last-Minute Payments as Cash Flow Pressures Mount
Households are increasingly waiting until the last possible moment to pay their bills, with many relying on urgent or same-day payments to keep up. According to the 2025 ACI Speedpay Pulse Report, 31%...
View ArticleCFPB Report: 4 in 10 Families Cannot Cover a Month Without Income
Consumers’ financial stability deteriorated in 2024, with more households reporting difficulty paying bills and fewer prepared to withstand even short-term income losses, according to the CFPB’s latest...
View ArticleCredit Card Debt Edges Higher, But Risk Metrics Cool
Consumers added roughly $28 billion to credit card balances in the second quarter of 2025, pushing total outstanding card debt to about $1.32 trillion, according to data released yesterday by the...
View ArticleSurvey: When Consumers Become ‘Debt Numb’
Consumers are stressed about their debt, but a new study suggests that stress has limits. Once debt reaches a certain threshold, many consumers report becoming “numb” to it, according to the results of...
View ArticleMany Households Still Lack Savings to Cover Even Small Emergencies: Report
A new analysis of financial data from more than six million households shows that cash savings, not discretionary income, are the true measure of financial security. Even households with steady income...
View ArticleTransUnion: 5.4M Borrowers Behind on Student Loans May Prioritize Those Over...
Federal student loan borrowers are under intense financial strain as serious delinquencies remain near record levels, and many are preparing to reshuffle their bill-paying priorities as the Department...
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