Bankrate on MSN4h
HELOCs and home equity loans are up. Why are more people borrowing against their homes?
Clearly, home equity lending is having a moment. But why? One key reason: Rates for HELOCs and home equity loans have been falling since the beginning of 2024, while mortgage rate ...
Rising Debt, Delinquency, and Lenders’ Challenges
By the end of 2024, Americans’ credit card debt reached an all-time high of $1.21 trillion—up $45 billion from the previous quarter and 7.3% higher than in 2023. A major factor in this increase was ...
Minimum credit card payments are rising: How to tackle your card debt now
A mericans are increasingly struggling with their credit card debt, with the number of cardholders making minimum-only ...