- Most US Families Aren’t Mired in Credit Card Debt
- More US Seniors Are Struggling With Student Loan Debt
- How to Get the Best Deal on a Car Loan
- Are You Being Victimized by a Student Debt Relief Scam?
- Home Depot’s Massive Data Breach May Leave 60 Million Vulnerable
- Ask Stacy: How Can I Get a Delinquent Account Off My Credit Report?
- Consumer Watchdog Warns Credit Card Companies About Deceptive Promotions
- Now You Can Earn Big Rewards on Credit Cards Without an Annual Fee
A quarterly report issued last month by the Federal Reserve Bank of New York said that, although our total debt dropped by $74 billion in the third quarter, our credit-card debt actually rose by $2 billion in the same time period. Credit-card debt isn’t the only problem child here: we also added $18 billion in car loans and $23 billion in new student-loan debt during the quarter.
But hey, at least we’re paying down our mortgages. (That’s most of the $74 billion total debt decline.) If you’re looking to buck the trend this year, check out our New Year’s resolution series on debt. Links are below.