Financial News Features

Debt was already a significant hurdle for Americans in the years leading up to the COVID-19 pandemic; back in 2018, a study by Northwestern Mutual found that average personal debt (exclusive of home mortgages and among those with some debt) surpassed $38,000. And things continued to worsen.

Small business owners have taken a hit from the coronavirus pandemic, and now some experts are concerned that they may see their tax obligations rise as a result of proposals expected from President Biden.

For the millions of Americans who have filed for unemployment in the midst of the COVID-19 pandemic, state and federal moratoriums on evictions meant they didn't have to worry about landing on the street

COVID-19 has changed our entire lives seemingly overnight. Many of us who had never joined a video call before the pandemic are now Zoom background experts. But COVID-19 hasn’t just changed the way we communicate; it has also drastically impacted how we spend money.

Spending habits are always changing in the US and elsewhere, but the past year has forced us to take a closer look at how we spend money. Many of those habits were already there, bubbling below the surface, but the pandemic has caused them to bubble over.

f you’ve experienced a credit limit decrease, you’re not alone. Card issuers frequently change credit lines for a variety of reasons, which may or may not have anything to do with the way you handled the account. Lowering credit lines is simply a strategy to mitigate risk, and an issuer may take that action when necessary.