Credit card debt hit a record of $986 billion in the United States in the final quarter of 2022. The average credit card user carried a $5,805 balance over that period. High-interest rates, late fees, and other charges can quickly...
200 Financial Terms You Should Know Most middle-class families are making big money decisions using a language nobody ever formally taught them. This glossary—built by Financial Middle Class—is here to change that. Below you’ll find 200 financial terms explained in...
Credit reports and scores are critical components of an individual’s financial health and play a significant role in determining their ability to access loans, credit cards, and other financial products. Consumers with poor credit or a FICO score of between...
With the rising foreclosures, car repossessions, and credit card defaults, numerous American consumers are getting debt collection calls. Debtors need to learn about the debt collection industry and how to deal with debt collectors. Debt collection refers to the process...