A Russian default could have a ripple effect by adding pressure on global debt markets
Both mortgage and non-mortgage debt rose in April
You and your clients may need to get creative in brainstorming strategies for borrowing
Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees
Incomes grew faster than debt in the first quarter
A holistic approach to clients’ finances can help them prepare for interest-rate hikes and get out of debt faster
Assessing the vulnerabilities from high household debt has become more complex over the past two years
For some households, rising interest rates and inflation may require a budget overhaul
The rating agency cited "persistently high debt levels"
Credit card debt rises for second straight month, outpacing mortgage growth