Big bargains have made a roaring comeback on bonds tied to the $16.2 trillion pile of U.S. consumer debt. Higher borrowing costs, tighter credit conditions and sharp losses have been Read more
Tag: creditcards
Your portfolio needs diversification. Here’s the best way to go about it in these volatile times and mortgage applications fall as rates rise to the highest level in 16 years
Hi, MarketWatchers. Don’t miss these top stories. Worried about losing your job in a recession? This entrepreneur advises you do these 5 things right now. One expert says workers should Read more
U.S. consumer borrowing picks up speed in August
The numbers: Total U.S. consumer credit rose $32.2 billion in August, up from $26.1 billion in the prior month, the Federal Reserve said Friday. That translates into a 8.3% annual Read more
Nearly 25% of first-time homebuyers open a new credit card when they close on a home. Why that could be a really bad idea.
Nearly a quarter of first-time homebuyers are opening new cards within six months of buying a home, according to a new study. The study by Realtor.com and Experian, which was Read more