Tag: Credit card debt
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Affordability concerns loom large for advisors’ clients ahead of midterm elections, survey finds
Advisors’ clients are worried about both short- and long-term costs and whether Social Security and Medicare will be there when they retire, a new survey finds.
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Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans
The Fed’s quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit rates.
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Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.
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