America's Consumer|Debt Stress Is Mounting

Household debt is rising and it's causing psychological stress

Millions of Americans have major credit card debt, but it's possible to manage it, and avoid financial stress. Author:.

America's Consumer-Debt Stress Is Mounting - Auto-Loan Defaults ...

The rise in auto loan defaults is yet another worry for the American consumer – who must contend with mortgage rates hitting over 7% and an ...

A key indicator shows Americans' financial stress is mounting

A key indicator shows Americans' financial stress is mounting · LegalShield's Consumer Stress Legal Index showed consumer financial stress is ...

Scanning the US Consumer: Conservatism, Not Collapse | AB

We do see signs that consumers face more financial stress than they have over the past few years. After all, households have largely eroded ...

Nearly half of Americans say debt is affecting their health: Study

A new study reveals that household debt is increasingly becoming a source of stress for many Americans ... The report suggested that the mounting ...

Household Debt Rose Modestly; Delinquency Rates Remain Elevated

The report shows total household debt increased by $147 billion (0.8%) in Q3 2024, to $17.94 trillion. The report is based on data from the New ...

The American Consumer's Surprising Strength - Forbes

We believe consumer spending will continue, even though credit card debt levels have risen and excess Covid era savings appear to be spent. In ...

New York Fed data shows credit card debt hit another record

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York ...

Credit Card and Auto Loan Delinquencies Continue Rising

“This signals increased financial stress, especially among younger and lower-income households.” Mortgage balances rose by $112 billion from the ...

Maxed Out: Inside America's $1.14 Trillion Credit Card Debt Crisis

Consumers are collectively $1.12 trillion in credit card debt. Everyday borrowers share how they're navigating our modern-day debt machine.

US consumers on lower incomes face loan stress while banks pull ...

U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank ...

Consumer debt, financial stress reach record highs for many ...

Consumer credit card debt stands at record highs, and 66% of Americans worry about how to cover one month of expenses if they lose their job ...

Consumers' Finances Are Stressed — And Its Getting Worse, Fast

Subscribe Now Get The Financial Brand's FREE Email Newsletter Americans' economic insecurity is up almost 50% since 2021, according to the ...

Millennials are running up more debt than ever before | CNN Business

Financial stress is growing at a time when debt has become very expensive. Americans already weighed down by nearly three years of high ...

Credit card delinquencies surged in 2023, indicating 'financial stress ...

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported Tuesday.

Average Americans hold this amount of money in debt - TheStreet

Households are feeling stress from credit cards and loans. ... U.S. household debt has been rapidly increasing over the past five years, ...

Against Backdrop of Mounting Debt, Americans Have Serious ...

Against Backdrop of Mounting Debt, Americans Have. Serious Concern about their Finances. Americans are stressed about their financial futures. Although the U.S. ...

Consumer Debt Is High, but Consumers Seem to Have Room to Run

... debt before experiencing further financial stress ... Sources: Federal Reserve Bank of New York Consumer Credit Panel/Equifax and U.S. Bureau of ...

Auto borrowers missing car payments is latest sign of consumer stress

Now a new warning from a top lender shows the challenges facing borrowers might be getting worse as economic conditions weaken. What they're ...

American Debt Stings Like Never Before in New Era for Households

After years of managing household budgets through the stress of the worst inflation in a generation, US families are increasingly pressured ...