American Borrowers Are Getting Closer to Maxing Out
A happy holiday shopping season might not end up being an especially cheery time for lenders. Card loans are still growing, on average rising 1.6%...
Banks Brace for More Consumers to Fall Behind on Their Loans
Delinquencies are rising, in some cases surpassing prepandemic levels, prompting banks to add to their rainy-day funds. Source link...
Don’t Expect Rising Interest Rates to Boost Your Savings Account
Interest rates are about to rise. Savers shouldn’t get their hopes up. The Federal Reserve has signaled it will raise rates in March, the first...