Tag: Personal loans
Buy now, pay later loans make it tough to get a handle on your credit
Payment history often not reportedBNPL companies generally don't report to the credit-scoring companies when consumers use these loans. That makes it [...]
Buy now, pay later is not a boom, it’s a bubble, Harvard fellow says
Most people love the convenience of buy now, pay later.Since the start of the coronavirus pandemic, installment payments have exploded in popularity a [...]
74% of people don’t think they will ever achieve high-net-worth status
cdwheatley | E+ | Getty ImagesPeople have wide-ranging views of what it means to be "high net worth," according to a survey from digital wealth manage [...]
Demand drops for used cars but high prices aren’t budging
David Paul Morris | Bloomberg | Getty ImagesUsed-car prices appear to be stuck in high gear, despite slowing consumer demand.Last month, sales of used [...]
Biden’s plan to lower gas prices could take weeks. How to pay less now
Filling up at the pump comes with a hefty dose of sticker shock.Russia's invasion of Ukraine and global supply concerns have sent gas prices to record [...]
Most medical debt to come off credit reports. What to do if it doesn’t
Maskot | Maskot | Getty ImagesIf you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months.Yet bef [...]
The pros and cons of installment payments
You can use buy now, pay later for just about everything these days.Since the start of the pandemic, installment payments have exploded in popularity [...]
Inflation means price jumps for dinner and roses this Valentine’s Day
Adriana Gamez restocks rose bouquets at California Flowers in downtown Los Angeles on Feb. 12, 2021.Dania Maxwell | Los Angeles Times | Getty ImagesTh [...]
Inflation impacts Valentine’s Day but overspending isn’t sexy
Even cupid is coming out of quarantine.Valentine's Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, accordi [...]
Some ticket prices are up as much as 100%
Going out is not only less common these days, it's also a lot more expensive.In general, the prices that consumers pay for goods and services recently [...]
More Americans took on holiday debt this year, owing an average $1,249
More Americans got into the spirit this holiday, even if it meant spending more than they could afford.Between buying presents, plane tickets and p [...]
Holiday shopping fuels the return of credit card debt
Holiday shopping returned with a vengeance this year. But going into debt is one gift you can't return.After Americans paid off a record $83 billio [...]
Pandemic relief has helped Americans. Yet there are signs of strain
While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this yea [...]
49% of consumers will shop Small Business Saturday. These tips can help
A sign reading "Shop Local" with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana.William Campbell | Getty Imag [...]
Here’s what to buy on Black Friday and what to leave on the shelf
By nearly all accounts, this Black Friday could be bigger than ever.Nearly 2 million more people are expected to shop from Thanksgiving Day through [...]