Amid rising interest rates and high inflation, an increasing number of Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023. In a new report released Wednesday by TransUnion, the extraordinary amount of debt Canadians have accumulated across all credit products has reached a new… Read More »
There is a shadow of a time between childhood and adulthood when financial studies are very important. Now that your child has graduated high school, consider adding their name as an authorized user on one of your credit cards. Before outright rejecting the idea, consider these reasons. It may benefit both of you. What is… Read More »
18 mins ago Finance 1 Views A man has been sentenced to nearly three years in prison for robbery and fraud in Slough. Jason Reynolds, 43, of Burlington Road, broke into a house on The Crescent, stealing cash and credit cards on August 9 last year. He then attempted to make a fraudulent card purchase… Read More »
US Interest Rates Rise to Highest Level in 16 Years The US central bank has raised interest rates to their highest in 16 years as it struggles to stabilize prices. The Federal Reserve raised its main interest rate by 0.25 percentage point, its 10th increase in 14 months. That pushed the benchmark interest rate between… Read More »
Britain’s top financial regulator said on Friday it would increase protections for tenants in apartment blocks from paying excessive insurance fees as part of a crackdown on insurance brokers who overcharge for products and hand over hefty commissions to landlords. An investigation into brokers who cover about a third of the market found the companies… Read More »
By Aarthi Swaminathan Travel pro considers credit card points, getting the best flights, and traveling with kids April is National Financial Literacy Month. To mark the occasion, MarketWatch will be publishing a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their… Read More »
15 mins ago Finance 7 Views Credit card debt among Americans has always been high – CBS News Watch CBS News Credit card debt among Americans is approaching the trillions of dollars. And with the recent hike in interest rates, Americans can expect even higher rates. Tanya Rivero has the latest. Be the first to… Read More »
It may take time, but it’s possible to get out of credit card debt. Key point Credit card debt is hitting an all-time high, with Americans in debt of nearly $1 trillion by the end of 2022. Paying off your credit card debt can be challenging, but it’s worth it. There are several strategies you… Read More »
A recent report shows credit card balances have now reached a record $986 billion, after dropping significantly in 2020 and 2021. “They’re down 17% as people are spending less due to the pandemic,” said Ted Rossman, senior industry analyst at Bankrate.com. “They used the stimulus funds to pay down the debt. Since then, though, it’s… Read More »
Seattle Teacher and Student Leaked Video At Franklin High School Trending On Twitter; There’s this viral video Seattle Teacher and Student Leaked Video At Franklin High School video leaked on twitter, twitch, reddit, instagram and other social media platform trending. According to court filings, a teacher at Franklin High School was detained for allegedly engaging… Read More »