Tag: Personal debt
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She made college ‘good debt’ for herself. Can she do the same for her daughter?
A generation ago, it was more common to put yourself through school. For reasons including rising education costs, It’s a feat that’s now far less manageable.
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Who gets to have ‘good debt’? A sociologist, theologian, philosopher and other experts weigh in
Humans have debated the merits and morality of debt throughout history.
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College was supposed to be ‘good debt.’ For many borrowers, it isn’t paying off
Rising college costs, growing student debt, changing repayment rules and a tougher job market are challenging the idea that student loans are “good debt.”
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Car buyers are stretching loans to afford payments — it’s a ‘potential warning light,’ analyst says
A record number of car buyers took out 84-month or longer loans in the third quarter, but rising amounts financed are pushing monthly payments to new highs.
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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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Trump pushes Fed for lower rates, but consumers may be better off with a hike, experts say
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.
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Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says
A new survey shows even a $500 unexpected expense may throw households off track when it comes to big life goals like saving for retirement.
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