Deep, complex relationship: Americans and their credit cards

2020-02-03T13:58:15+00:00February 17th, 2016|

If you view yourself as a truly independent and free-thinking person who makes your own decisions and doesn't follow the crowd, you might reasonably take some umbrage with a recent report that unceremoniously dumps most consumers together and essentially questions [...]

America’s Middle Class: Under A Storm Cloud

2020-02-03T14:03:45+00:00December 14th, 2015|

“[T]he middle class is eroded,” financial services firm Morgan Stanley starkly concludes in a recently released report entitled “Mind the Inequality Gap.” There is certainly no dearth of sobering evidence to back up that assertion. As noted in a CNN [...]

CFPB To Debt Collectors: Pay Up For Deceptive Practices

2020-02-03T13:31:11+00:00September 22nd, 2015|

What’s the connection between debt collection companies and bankruptcy? Actually, the nexus is about as tight and interconnected as it can possibly be for many cash-strapped and beleaguered consumers. For high numbers of individuals and families in California and across [...]

Many Americans Inaccurately Report Debt: Why?

2020-02-03T13:04:19+00:00September 8th, 2015|

Financial-related data periodically compiled and reported via a national survey contain a wealth of interesting — and, some might say, baffling — information, especially as relates to consumer-reported debt that is accumulated by individuals and families. The Federal Reserve’s Survey [...]