When Bank of America Corp.’s new chief executive takes over next week, one of the first problems he will face is one he’s already been grappling with—the bank’s credit-card business.
Regulators say many companies that promise to clear up unpaid bills don’t deliver. The consequences are trashing customers’ credit scores.
Auto-loan delinquencies are on the rise as cash-strapped Americans increasingly struggle to repay car and truck loans, according to a study.
Strategies on how to keep hundreds of thousands of dollars safely stowed away under FDIC protection.
Loan delinquencies jumped at the fastest pace since last year in August for many categories.
Financial education is expanding to an unlikely audience — younger kids, even grade-school students. This summer, school-age children will attend finance camp, where they’ll take trips to a bank or delve into investing simulations.
People ages 25 to 34 hold an average of $4,358 in credit-card debt and not many of them complete a “get out of debt” plan in less than three years. But it is possible. Here are some tips on how to begin — and stick with — a debt diet.