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The Federal Reserve's June interest-rate hike means banks are increasing their prime lending rate. In turn, this means interest rates for things like credit cards and loans from these banks will go up.
The Federal Reserve hiked interest rates on Wednesday, which means bank's prime lending rates for things like credit card also went up.
China’s debt-trap diplomacy reaches the Philippines, which is likely to accept Chinese loans 1,100% more expensive than other options
The Philippines' chief economist said his country needs "more friends," as relations with China finally warm.
Debt collection rates plummeted from 90% in 2016 to 57% after the company changed from using self-employed agents to full-time "customer experience managers."
Charity Christians Against Poverty uncovered the extent of poverty in survey of indebted clients.
Trump just said small businesses were ‘unable to borrow from banks’ — but small-business owners disagree
According to the NFIB's survey of small-business owners, access to credit is not a major concern right now.
Former baseball star Curt Schilling just settled a lawsuit over his failed video game studio for $2.5 million
Former Boston Red Sox pitcher Curt Schilling is settling a lawsuit for $2.5 million over his failed Rhode Island video game studio.
Macy's store closures could translate to billions of losses in commercial mortgage-backed loans, according to a report by Morningstar Credit Ratings Wednesday.
15% of Americans owe more in debt than everything they owe combined, mostly because of student loan debt — and it's contributing to wealth inequality.
Americans are taking out more loans, and that's great news.