Stories Tagged as
Household debt
Household debt is up sharply, but don't worry ... yet.
Mar 5, 2024
The amount we are paying in interest on this debt — as a percentage of our income — has been climbing.
Is rising mortgage debt a bad sign for the economy?
by
Justin Ho
Feb 12, 2024
Mortgage debt has grown 30% since before the pandemic. But the majority of mortgage debt holders have rates below 5%.
More people are falling behind on debt, but fewer are in collections
Nov 8, 2023
Just before the pandemic, the New York Fed found that about 9% of people had bills that ended up in collections. Now, less than 5% do.
Despite more savings, American households still have a lot of debt
by
David Brancaccio
, Chris Farrell
, Daniel Shin
and Erika Soderstrom
Mar 19, 2021
Who's taking on debt for what reasons, and why paying it down is good for your financial and mental health.
Credit card debt is falling. That's good news — and bad news
by
Justin Ho
Nov 19, 2020
It's good news for our personal economies, but it means we're not spending as much to prop the economy as a whole.
Household debt up 4% in the first quarter
by
Justin Ho
Jun 12, 2020
About 1 in 6 households reports having more debt now than before the COVID-19 crisis.
Why it matters when you’re 90 days late on a payment
Feb 12, 2020
It can be indication to banks that you're unlikely to pay at all.
For public good, not for profit.
Household debt is at an all-time high as holiday spending season arrives
Nov 20, 2018
The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What’s behind rising household debt, and is it something to be concerned about, especially […]
Household debt is rising, but still below 2008 levels
by
Annie Baxter
Feb 12, 2016
Mortgage balances and student loan debt have been on the rise.
Student debt goes up and up
Aug 13, 2015
With economic recovery, borrowing has risen for cars, homes, and credit card purchases.