There is no collapse. No Lehman Brothers moment. Instead it’s a slow burn, a financial treadmill that many are never able to get off. Across the country, households are juggling a web of obligations: ...
American households are carrying more debt than ever, and the numbers now rival or exceed what many peers abroad owe. To ...
Consumer debt crisis deepens. Americans now owe nearly $18.6 trillion in household debt. That’s a record high. Mortgages, credit cards, and student loans are driving the surge. Even prime borrowers ...