When consumers have medical debt, it shows up on their credit reports and they may be
penalized excessively by credit-scoring agencies.
President Barack Obama on Monday will throw his support behind a new
proposal to dramatically revamp the federal student loan program.
Back-to-school is going the way of Christmas, as retailers are beginning to push next year's school necessities before many children have closed the book on the current semester.
Seven years after the housing crash began, most people remain deeply dour about the state of the nation’s housing market.
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In the latest sign Americans are increasingly comfortable taking on more
debt, auto buyers borrowed a record amount in the first quarter.
A survey from the BLS found that the average
income for families of all sorts decreased from 2012 to 2013 by $103 to
Student loan debt, tight lending standards and stiff competition have
made it next to impossible for many younger Americans to buy homes.