How Will Rising Interest Rates Affect My Finances?
After several years of historic lows, interest rates are set to begin rising in 2022. The Federal Reserve Board has said it will begin raising its federal funds rate in March, with incremental...
View ArticleScoreSense Market Report: Review of 2022 Credit Activity & Post-Holiday...
OVERVIEW Despite consumer spending declining in December 2022, consumers are still struggling with delinquencies. December saw consumers change their spending behavior by eating at restaurants less and...
View ArticleBack-To-School Spending Survey
Purpose: To understand the effect inflation has on parents and their ability to pay for their child’s education and activities. Top Insights: Another school year approaches and prices of goods have...
View ArticleScoreSense Market Report: Review of Q2 2023 Credit Activity & Consumer...
August 2023 OVERVIEW The Federal Reserve recently mentioned that U.S. consumer borrowing slowed to a more than two-year low in May 2023. This seems to be in line with ScoreSense’s year-over-year (Q2...
View ArticleCredit Card Delinquency: How Does It Work and What Does It Mean for Your Credit?
If you’re falling behind on your credit card payments, you’re not alone. More Americans are delinquent on their credit cards (as well as auto loans and personal loans) than in the past 10 years,...
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