Heavy consumer debts, years of stiff inflation and higher interest rates are squeezing Americans' budgets, according to Layton. Billing disputes, debt collections and other leading indicators of ...

There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis.

American consumer debt hit $18.2 trillion in the Q1 2025, according to the Federal Reserve Bank of New York While credit card and auto loan balances are both declining, student loan debt and ...

LegalShield’s Consumer Stress Legal Index (CSLI) climbed 4.4% from March to June, driven by surging foreclosure and consumer finance legal inquiries, all rooted in increased debt.

Americans’ outstanding student-loan debt increased to $1.63 trillion in Q1, or 9% of the country’s $18.2 trillion in consumer debt, according to the New York Fed.

By the end of last year, Americans were having greater difficulty in managing rising debt and, in some cases, hadn’t been that overextended since the aftermath of the Great Recession. The share ...

According to the Federal Reserve, consumer debt has reached an all-time high, with the average family owing over $100,000. Total household debt in America now exceeds $18 trillion.

Experian is eliminating $5 million in consumer debt for 5,000 families in Louisiana through a partnership with ForgiveCo, a public benefit corporation specializing in debt relief, according to an ...