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Americans Are Carrying Record Household Debt into 2024

Collection Industry News

JANUARY 13, 2024

household debt grew by $800 million from 2022 to 2023, including a 16.6% growth in credit card debt. While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. At the start of the year, U.S.

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Tips for Improving Your Credit: The Types of Accounts in Your Credit Report

Credit Corp

SEPTEMBER 13, 2023

These are not the same as a home equity line of credit , which is actually a revolving account. Depending on the reason, they often do not require collateral. You can get a personal loan from online lenders or from a bank or credit union. Credit Builder Loans : Credit builder loans are offered by some financial institutions.

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