Topic
household-debt
12 stories related to this topic, newest first.
world13 days ago
South Korean Household Loans at Five Major Banks Rise 4.137 Trillion Won in June
Outstanding household loans at the country's five largest banks reached 774.96 trillion won as of June, the largest monthly increase in 11 months.
cnbc.comfinance15 days ago
U.S. consumer credit rose $25 billion in March to record $5.14 trillion
Total consumer credit increased by $25 billion in March, reaching a new high of $5.14 trillion. Revolving credit rose $10 billion and non-revolving credit rose $15 billion.
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The Bbcfinance34 days ago
UK Utility Debt Exceeds £7bn Since 2021 but Repayment Plans Cut Balances by £1,000 on Average, NAO Finds
More than £7 billion was owed to water, broadband and energy firms by March 2025, and the total has risen since. The National Audit Office found most customers did not know repayment plans or social tariffs were available.
news.google.comfinance47 days ago
U.S. Credit Card Delinquency Rate Reaches Highest Level Since 2011
13.1 percent of U.S. credit card balances are now 90 or more days past due. The figure marks the highest rate recorded since 2011.
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allhiphop.comfinance50 days ago
Husband Describes Plan to Manage Wife's Spending After $150,000 Debt Discovered
A husband reported discovering roughly $150,000 in credit card and car-loan debt accumulated by his wife. He stated he would cover the balance on the condition that he take control of her income and require approval for purchases above $50.
pymnts.comfinance51 days ago
Federal Student Loan Defaults Reach 3.6 Million After Payment Pause Ends
New York Fed data shows defaults have returned to pre-pandemic levels. Borrowers aged 50 and older now show the highest default rates.
Benzingafinance52 days ago
Woman Reports Husband Accumulated $50,000 in New Credit Card Debt
A woman posting on Reddit said she discovered her husband had added roughly $50,000 in credit card balances within months. She had previously used savings and inheritance to pay off about $40,000 of his earlier debt one year before.
rnz.co.nzfinance56 days ago
U.S. Consumer Sentiment Hits Lowest Level Since 1952
Consumer sentiment reached its lowest level in 74 years in May 2026. Inflation measured 3.8 percent annually in April while energy prices rose 17.9 percent.
pymnts.comfinance62 days ago
U.S. Household Debt Edges Up to $18.8 Trillion in Q1 2026, New York Fed Reports
Total U.S. household debt increased by $18 billion in the first quarter to $18.8 trillion, according to the New York Fed, with mortgage and auto loan balances rising while credit card debt fell seasonally. Delinquency rates matched their highest level since 2017, driven in part b…
pymnts.comfinance62 days ago
U.S. Household Debt Rises to $17.794 Trillion in Q1 2026
The Federal Reserve Bank of New York reported total household debt increased $18 billion from the prior quarter, driven by gains in mortgages, auto loans and HELOCs that offset a seasonal drop in credit card balances. Delinquency rates showed little overall change at 4.8 percent,…
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world67 days ago
US Consumer Borrowing Rose Most Since Late 2022 in March
Total U.S. consumer credit increased by the largest amount since late 2022 in March. The gain was driven by a surge in non-revolving credit along with higher credit-card balances. The Federal Reserve releases the consumer credit report monthly.
Bloombergworld76 days ago
Brazil Plans Program to Renegotiate Over 100 Billion Reais in Household Debt
Brazil's government is preparing to launch a program targeting the renegotiation of more than 100 billion reais in household debt, equivalent to $20 billion. The initiative addresses a notable issue in the country's economy. Details on the program's structure and timeline remain…