Topic
consumer-debt
16 stories related to this topic, newest first.
680news.comfinance7 days ago
Survey Finds Rising Consumer Debt Affecting Daily Decisions
A survey by Achieve.com and Money.com shows nearly a third of Americans reporting higher unsecured debt over the past year. Average non-mortgage debt stands at $21,600 per consumer according to September 2025 Experian data.
cnet.compolitics7 days ago
New York Law Takes Effect Allowing Survivors to Seek Coerced Debt Relief
A New York law effective Wednesday provides survivors of domestic violence, elder abuse and human trafficking a direct path to challenge coerced debt with creditors. The measure makes New York the eighth state with such protections. It follows similar laws in California, Texas an…
news.sky.combusiness10 days ago
Seven California cities rank among top 10 for credit card debt
An analysis of 182 large U.S. cities found seven California communities in the top 10 for average and total credit card balances. National credit card debt reached $1.35 trillion in the first quarter of 2026.
Usa Todayfinance12 days ago
U.S. Credit-Card Delinquencies Hit 13 % in Q1 2026, Still Below 2010 Peak
The share of credit card balances at least 90 days past due hit 13% in the first quarter, matching levels last seen during the post-2008 recovery period.
Benzingafinance23 days ago
North Carolina Man Owes $40,000 on Truck While Earning $65,000 a Year
A caller to The Ramsey Show described an $880 monthly payment on a Chevrolet Silverado purchased after his previous vehicle failed. Co-hosts discussed options for reducing the debt relative to household income.
dailyhodl.comfinance32 days ago
Texas Bank Teller Describes $53,000 Debt Load on Radio Show
A Texas bank teller reported more than $53,000 in combined debt during a radio segment. The debt includes four maxed credit cards and a 2025 car loan that exceeds the vehicle's current value.
finance.yahoo.comworld33 days ago
Credit Card Debt Creates Limited Risks for Social Security Recipients
Federal law protects Social Security benefits from direct garnishment by private creditors. Unpaid credit card balances can still lead to bank levies or credit damage once benefits are deposited.
themarysue.comfinance33 days ago
Shopper Describes $10,000 Credit Card Debt Linked to Mental Health Conditions
A Reddit user reported accumulating $10,000 in credit card debt from shopping tied to ADHD, anxiety, and OCD. The post and community responses discuss how purchases provide temporary relief from emotional stress.
dailywire.comfinance35 days ago
Half of Americans Use Buy Now Pay Later Services
More than half of Americans have used buy now pay later services at least once. Growth in these short-term loans has coincided with record household debt and higher reliance among lower-income households.
FO
finance.yahoo.comfinance37 days ago
Lender Advised Florida Couple to Withdraw Retirement Funds for Home Purchase
A Florida couple considering a home purchase received advice from their lender to withdraw money from retirement accounts. Hosts on The Ramsey Show discussed the potential long-term financial effects of that recommendation.
nbcnews.comfinance37 days ago
Arizona Woman Describes $945 Truck Payment and Two Prior Bankruptcies on Financial Radio Show
A caller on a personal finance program reported monthly vehicle expenses exceeding $1,500 and said she is living paycheck to paycheck. She also described two previous bankruptcies and separate household debt issues.
bbc.co.ukfinance38 days ago
Uber Driver Seeks Advice on Voluntary Repossession After Two Car Loans
A San Francisco Uber driver who financed a Honda CR-V for nearly $60,000 in 2022 asked Dave Ramsey whether returning the vehicles would be advisable. The driver reported that his income fell after Uber ended a hybrid-vehicle earnings program.
finance.yahoo.comfinance40 days ago
U.S. Auto Loan Delinquencies Rise to 32-Year High
The share of auto loans entering delinquency has reached its highest level in 32 years as borrowers face record-high payments. The increase reflects broader pressures on household finances amid elevated borrowing costs. Data come from a report by @FirstSquawk on current consumer…
FI
newser.comfinance43 days ago
30% of Car Buyers Trading In Vehicles Are Underwater on Loans
About 30% of consumers trading in vehicles in early 2026 owe more on their auto loans than the cars are worth. The average negative equity gap exceeds $7,000. The figures come from industry data reported in early 2026.
UN
BBC Newsworld48 days ago
England's Illegal Money Lending Team Seizes Weapons and Passports in Raids, Makes 33 Arrests from 597 Reports
Investigators gave the BBC rare access to their operations and evidence store as they pursue loan sharks who have moved online since the Covid pandemic. Victims described spiraling debts, threats and ruined lives after borrowing small sums. The team received 597 reports in the pa…
The Bbcbusiness48 days ago
Illegal Money Lenders Use Threats and Documents to Control Borrowers
Investigators seized weapons and identity documents including babies' passports during raids on suspected illegal money lenders. Victims have described threats of violence that led some to attempt suicide and pay back far more than originally borrowed. Officials received 597 repo…