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Personal loans

Credit card debt among retirees jumps significantly

by Joseph Addison
Credit card debt among retirees jumps significantly

Mixetto | E+ | Getty Images The share of Americans with credit-card debt in retirement has jumped considerably — a worrisome financial trend, especially for those with little wiggle room …

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Investors should stick to long-term plans no matter who is president: advisors

by Joseph Addison
Investors should stick to long-term plans no matter who is president: advisors

A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week series to improve your financial wellness with monthly updates. Sign up to receive …

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Federal Reserve cuts rates after election. What that means for you

by Joseph Addison
Federal Reserve cuts rates after election. What that means for you

The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis …

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Is the ‘vibecession’ here to stay? Here’s what experts say

by Joseph Addison
Is the ‘vibecession’ here to stay? Here’s what experts say

Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse, experts say. A “vibecession” is the disconnect between consumer sentiment …

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Presidential election prompts some Americans to ‘doom spend,’ report finds

by Joseph Addison
Presidential election prompts some Americans to ‘doom spend,’ report finds

Mario Tama | Getty Images News | Getty Images Retail therapy is thinly coating voters’ anxieties from the presidential election — and their wallets know it. About 27% of polled …

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The average age of first-time U.S. homebuyers is 38, an all-time high

by Joseph Addison
The average age of first-time U.S. homebuyers is 38, an all-time high

Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high age of 38 years old, three years …

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Should I pay off my mortgage in retirement? Benz book tackles money questions

by Joseph Addison
Should I pay off my mortgage in retirement? Benz book tackles money questions

milan2099 | E+ | Getty Images Older Americans have significant equity As current and prospective retirees consider how to handle their assets, their homes are one area where they may …

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Credit card APRs fell by just 0.13% after Fed rate cut, report finds

by Joseph Addison
Credit card APRs fell by just 0.13% after Fed rate cut, report finds

Collectively, Americans are having a harder time keeping up with their credit card bills. Part of the problem: Carrying a balance comes at a high cost.  Credit card rates spiked …

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Shortage is ‘the biggest difference’ in housing market: Property Brothers

by Joseph Addison
Shortage is ‘the biggest difference’ in housing market: Property Brothers

Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s …

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Biden student debt plan creates financial disaster loan cancellation

by Isabel Allende
Biden student debt plan creates financial disaster loan cancellation

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images …

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