UK households facing ‘debt timebomb’, warns Citizens Advice
https://www.theguardian.com/money/2023/apr/28/uk-households-facing-debt-timebomb-warns-citizens-advice?CMP=Share_AndroidApp_Other
PUBLISHED FRI, FEB 24 20232:
Cars leased in 2020 are worth an average $4,000 more than expected. These models have fared the best
PUBLISHED FRI, FEB 24 20232:
https://www.cnbc.com/2023/02/24/cars-leased-in-2020-are-worth-an-average-4000-more-than-expected.html?utm_content=Main&utm_medium=Social&utm_source=Facebook#Echobox=1677267951
The pernicious potential of ‘buy now pay later’ finance
Interesting article on hidden consumer credit. But they failed to mention the world’s largest Buy Now Pay Later company – Apple The pernicious potential of ‘buy now pay later’ finance – https://on.ft.com/3fgdztb via @FT
Big Banks Wake Up to Life Beyond Credit Scores
Big Banks Wake Up to Life Beyond Credit Scores [“https://www.bloomberg.com/opinion/articles/2021-05-17/jpmorgan-and-other-big-banks-wake-up-to-life-beyond-credit-scores”]
I’m 63 years old, recently divorced and have $130,000 in debt. How will I ever retire? – MarketWatch
https://www.marketwatch.com/amp/story/im-63-years-old-recently-divorced-with-130-000-in-debt-how-will-i-ever-retire-11619662422#aoh=16197345509919&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Who owes the most in student loans: New data from the Fed
Article argues a more nuanced view of student debt and how the burden is largely born by higher income households. Article argues against wholesale debt forgiveness. https://www-brookings-edu.cdn.ampproject.org/c/s/www.brookings.edu/blog/up-front/2020/10/09/who-owes-the-most-in-student-loans-new-data-from-the-fed/amp/
Opinion | The CFPB once defended consumers. Thanks to Trump, it now helps companies prey on them instead. – The Washington Post
https://www.washingtonpost.com/opinions/2020/08/01/cfpb-once-defended-consumers-thanks-trump-it-now-helps-companies-prey-them-instead/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most
Investors brace for consumer debt defaults if US relief stalls | Financial Times
Several issues to consider – 1) how much have loan modifications and forbearance artificially suppressed defaults and delinquencies, 2) how many jobs have been permanently lost due to downsizing and company BK, 3) how many jobs are vulnerable to the ebb and flow of reopening economy. The reopening economy jobs should be targeted by directly …
How to read a medical bill or explanation of benefits – CBS News
https://www.cbsnews.com/news/how-to-read-a-medical-bill-or-explanation-of-benefits-clear-health-costs/
Online sharks circle Vietnam’s vulnerable borrowers
Online sharks circle Vietnam’s vulnerable borrowers – https://on.ft.com/2UXR1RY via @FT