Debt Articles
Articles by Subject
Bottomless Pit: Consumers Falling Deeper into Debt
- By:
- Catherine Brock - MortgageLoan.com | February 03, 2009
Consumer debt may be moderating, but debt delinquencies are ticking up. Those rising delinquencies foreshadow more economic turmoil for U.S. households and domestic credit card issuers.
Debt Concepts Confuse too many Americans
- By:
- Catherine Brock - MortgageLoan.com | January 29, 2009
A new survey from Opinion Research Corporation for the Center for Economic and Entrepreneurial Literacy makes some discouraging conclusions about the financial management skills of American households.
Positive Mortgage Crisis Side Effect: U.S. Household Debt Declines
- By:
- Greg Mischio - MortgageLoan.com | January 16, 2009
In the midst of a financial crisis, the likes of which the U.S hasn't seen in more than 50 years, an interesting side effect has taken place: Consumer debt has declined. This trend, startling for a country that has long relied on credit cards, may be an indication of a nationwide shift in spending habits.
Treasury Gets Free Money: A Good or Bad Thing?
- By:
- Catherine Brock - MortgageLoan.com | January 15, 2009
At a Treasury auction in early December, investors accepted Treasury rates of zero percent on four-week T-bills. While this is a positive development with respect to the cost of government debt, it might foreshadow the bursting of another bubble.
Can a $1 Trillion Budget Deficit be a Positive Event?
- By:
- Catherine Brock - MortgageLoan.com | January 14, 2009
The federal debt has already surpassed $10 trillion, and current estimates indicate that this fiscal year's budget deficit could exceed $1 trillion. Strangely enough, even conservative-minded economists aren't balking at the spending, even though it's likely to lead to more government borrowing.