Vehicle Repo’s Jump 23% in First Half of 2024
Car repossessions have surged dramatically in the first half of 2024, indicating growing financial strain among consumers. According to data
Read more
Debt
Biden Administration Unveils New Student Loan Repayment Plan
In a significant development to ease the burden of Americans’ student loan debt, the Biden administration is launching a beta
Read more
De-Constructing Dave Ramsey: Why The Shtick Is Overblown
There’s a common notion, often repeated in grumbled old man tones at country bars and hardware store counters, that, “people
Read more
Global Debt Levels Surged to Record $281 Trillion In 2020
The coronavirus pandemic created an unprecedented level of economic contractions around the world, sparking record levels of government stimulus spending
Read more
Canadian Mortgage Debt Rises At Fastest Pace Since 2010
Mortgage debt among Canadian households increased at the fastest pace in a decade, amid record-low interest rates and increased demand
Read more
Global Investment Banks Made $125 Billion in Fees as Desperate Companies Raised Cash Amid the Pandemic
Although the pandemic has put numerous economies into a state of dystopia, global capital markets have been thriving more than
Read more
Top Italian Aide Urges ECB to Wipe Out Pandemic Debt in Effort to Help Countries Recover
As the coronavirus crisis continues to decimate the European economy, an increasing number of countries are finding themselves in significant
Read more
Empty Dorms Across US Colleges Putting Immense Pressure on Student Housing Debt Market
The coronavirus pandemic has exposed various market bubbles that exist in the US economy, and as infection rates continue to
Read more