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Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt. JPMorgan Chase, the [...]

But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans. The share of Americans [...]

Shoppers in recent years have embraced ''buy now, pay later'' loans as an easy, interest-free way to purchase everything from sweaters to concert tickets. The loans typically are not reported [...]

Comparison sites often emphasize the big banks' offerings even though smaller banks and credit unions typically charge significantly less. Credit card debt is rising, and shopping for a card with [...]

New research suggests large parts of the country remain vulnerable to widespread bank failure in the event of a run on deposits. WASHINGTON -- The federal government's rescue of two [...]

In late summer, a delivery service dropped off two packages containing $5,000 in gun parts and accessories at a house in Chino Hills, a community in Southern California. The packages, [...]

Find someone wiser than you, check your credit report and taxes, and stop catastrophizing. This is how you can do it. Maybe you lost your job. Maybe your hours were [...]

Beijing's tech crackdown could imperil the innovation that brought modern finance to underserved people -- but also led to concerns about reckless lending and borrowing. When the coronavirus jammed up [...]

AUTOMOBILES Stellantis Will Invest $35.5 Billion in E.V.s Stellantis, the automaker created by the merger of Fiat Chrysler and Peugeot SA, said on Thursday it would spend 35.5 billion through [...]

While American balances are down over all, interest can still add up. If your stimulus check isn't going to cover basics, consider reducing your debt. The new year is a [...]

With the cost of new cars rising, even drivers with top-notch credit are seeking more affordable used options, automotive researchers report. Customers with good to excellent credit accounted for well [...]

Spend too much on your summer vacation? Need to replace that sputtering air-conditioner? More credit cards are offering flexible payment plans for customers who want to spread out the cost [...]

AVIATION Airbus Extends Its Lead Over Boeing in Deliveries Airbus is stretching its lead over Boeing in aircraft deliveries as Boeing continues to be held back by the grounding of [...]

Even with a strong economy, a growing number of people are having trouble paying their credit card bills. Late credit card payments, while still low, have been ticking upward for [...]

Consumers with less-than-stellar or borderline credit scores may soon have a new option to help them qualify for loans and credit cards. Fair Isaac Corporation, creator of the widely used [...]

Consumer debt is rising. How Americans handle that load and how much cash they spend will determine the fortunes of an important stock sector. Stocks that benefit from consumer spending [...]

A measure of consumer credit worsened in the third quarter, a potentially troubling sign for banks that have enjoyed a long spell of low defaults. A composite of consumer loan [...]

Fannie Mae announced on Monday that it would soon start taking a longer view of consumer credit histories when evaluating mortgage applications, a change that could help some borrowers and [...]

Consumer lending firms that focus on borrowers with weak credit have done surprisingly well in the last few years. Many survived the financial crisis of 2008, the Great Recession, and [...]

Consumer borrowing climbed to a high in May, propelled by a surge in auto and student loans. The Federal Reserve said on Wednesday that consumer borrowing increased $16.1 billion after [...]

Consumer borrowing expanded by $20.5 billion in April, the Federal Reserve reported on Friday, down slightly from a gain of $21.3 billion in March that was the biggest increase in [...]

Imagine that a big, complicated company holds a huge portfolio of loans, many of which are in default or delinquency. The company's leadership and some vocal shareholders demand a detailed [...]

WASHINGTON -- Consumers increased their borrowing in November, as stronger demand for auto and student loans offset a drop in credit card debt, official data showed on Thursday. The Federal [...]

COLUMBUS, Ohio -- LAST week, AT&T agreed to pay $80 million to customers who had been overbilled for charges they had not authorized. This was an all-too-rare case of a [...]

Consumers increased borrowing in August in the category that covers auto and student loans, but they reduced credit card borrowing. Total borrowing rose $13.5 billion in August after a revised [...]

Consumer borrowing surged in July, posting its biggest increase since November 2001, driven in part by demand for auto and student loans. Total consumer credit increased $26.01 billion, to $3.24 [...]

The recession turned the typical consumer debt hierarchy upside down: Faced with unemployment and plummeting home values, consumers began paying down their credit cards ahead of their mortgages. This unusual [...]

WASHINGTON -- Americans cut back on using their credit cards in August for a third straight month, a sign that consumers remain cautious about spending. Consumers increased their borrowing $13.6 [...]

WASHINGTON (AP) -- American consumers borrowed more in November to buy cars and attend school, but they stayed cautious about using their credit cards. The Federal Reserve said Tuesday that [...]

The same problems that plagued the foreclosure process - and prompted a multibillion-dollar settlement with big banks - are now emerging in the debt collection practices of credit card companies. [...]

WASHINGTON -- The recent economic crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, the [...]

Every generation has an incentive to borrow money from the future to spend on itself. But, until ours, no generation of Americans has done it to the same extent. Why? [...]

SANTIAGO, Chile -- For Ana Maria Silva, what began as purchases of perfume and two pairs of shoes spiraled into a credit card nightmare, as her debt multiplied tenfold in [...]

WASHINGTON (AP) -- Consumer borrowing increased slightly in April, a sign that Americans might have more faith in the economic recovery. Borrowing rose by 0.5 percent, or $954.8 million, to [...]

A HIGH credit score won't necessarily insulate borrowers from the home-foreclosure crisis, according to a new study from FICO, which creates the credit-scoring formula used by most lenders. In fact, [...]

Americans borrowed less for a record ninth month in October, another sign that consumer spending would remain weak, making it harder for the economy to mount a sustained rebound. Consumer [...]

Hard times are usually good times for debt collectors, who make their money morning and night with the incessant ring of a phone. But in this recession, perhaps the deepest […]

Borrowing by consumers slowed in July to the weakest pace in seven months, reflecting a slowdown in demand for car loans. The Federal Reserve reported Monday that consumer borrowing grew […]

WHILE mortgage brokers are widely regarded as a good source of information for borrowers seeking a wide choice of loans, there is one potentially good deal that these brokers usually […]

Inventories at United States wholesalers increased more than forecast in May, led by rising supplies of computer equipment, metals and farm products. But the 0.8 percent gain in the value […]

Here's a radical idea: Americans could live on their paychecks. On second thought, forget it. It's far too radical. Granted, balanced budgets are tough for those forced to trade in […]