Now around for about a decade, pay-advance apps enable users to access relatively small amounts of cash before their paycheck ...

Charlene Crowell, a senior fellow at the Center for Responsible Lending, warns that app-based payday lending products such as Buy Now, Pay Later and Earned Wage Access trap financially vulnerable ...

(Reuters) -The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the early ...

The Supplemental Nutrition Assistance Program, a government welfare program, could expire Saturday, putting all eyes on the food stamp subsidies used by millions across the country. Two judges ordered ...

BOSTON (AP) — Two judges could rule as soon as Friday on whether President Donald Trump’s administration must replenish SNAP food aid benefits for November despite the government shutdown. The grocery ...

Delinquency rates grew in September, hitting levels not seen since before the COVID-19 pandemic. Many consumers were able to manage their debt during the pandemic, as spending slowed and stimulus ...

A Democratic representative has put forth a new bill to help federal workers with their student loan payments while the government remains in shutdown. Representative Jasmine Crockett from Texas ...

A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US economy is forming some serious cracks, leaving the most vulnerable in financial ...

More borrowers fell significantly behind on their car payments last month — and experts say the resumption of student-loan payments could be a contributing factor. Car loans delinquent by at least 60 ...

On the surface, the economy looks like it’s holding up. The stock market is up, unemployment remains relatively low, and consumer spending hasn’t slowed much. But if you shift your focus to the road, ...

Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...