When we talk about Americans barely into adulthood who are saddled with debilitating levels of debt, the conversation is almost always about student loan debt. But there’s a growing body of evidence suggesting that today’s young adults are also drowning in credit-card debt — and that many of them will take this debt to their graves.
What the Current Economic Outlook Means for American Families
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
Why Shoppers Just Can’t Resist Clearance Sales
It’s prime time for consumers to buy things they shouldn’t, even at 75% off.
Why More Americans Will Fall Behind on Credit-Card Bills This Year
Americans are adding to their credit card balances again, and experts warn more of us are likely to get in over our heads this year.
What’s Hot on the Dating Scene? Good Credit
The hottest prospects on today’s dating scene don’t just have great abs; they have a great credit score.
10 Big Retail Trends from the 2012 Holiday Shopping Season
What did the 2012 holidays teach us about the current state of shoppers—and, of course, the places where they shop?
Why So Many Americans Don’t Have Bank Accounts
At a time when you can pay bills online and deposit checks remotely using a cell phone, it’s amazing how many Americans don’t have bank accounts. One in nine households is without a checking account.
A Credit Card Promises to Do the Price-Matching Legwork for You
In today’s nonstop-discount marketplace, virtually every shopper has purchased an item at what seems to be a fair price — only to kick oneself a week later when it pops up in a much cheaper sale.
With Obama Win, Wall Street Cop Stays On the Beat
This week’s election was a cliffhanger for many people, but the stakes were higher than most for the director and staff of the Consumer Financial Protection Bureau. The agency, which opened its doors in July 2011, was a …
Parents Who Argue over Money Connected to Overspending by Kids
Did your parents constantly argue over money when you were growing up? If so, it may have something to do with all that credit-card debt you’ve racked up.
The Poet Laureate of Identity Theft
To literary-minded Americans, he’s a scribe of suburban ennui. To a loose confederacy of Nigerian hackers, he’s a potentially lucrative collection of account numbers and passwords. In both cases, he’s Rick Moody. And after a …