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But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.
In New York City, there’s been an uptick in landlords reporting tenants’ rents to credit bureaus, and not all renters are happy about it.
But with interest rates high and wage growth slowing, that level of spending is becoming unsustainable.
Atsi Sheth from Moody’s gives us a behind the scenes look into the company’s ratings process.
The recent banking turmoil could further tighten credit conditions and slow down the economy.
In 2022, consumer credit increased 7.8% from the year before. But in December, the growth in borrowing decelerated.
Teachers demanding higher pay is one example of new costs. That could make it harder for schools to borrow money, a new report says.
Some financial and cybersecurity experts say one of the best ways to combat ID theft is to freeze your credit — including your children’s.
Indigenous agricultural producers say they’ve had it with the federal government’s loan programs.
On the Pine Ridge Reservation in South Dakota, the woman running the sole business loan lender has a message: There’s opportunity on the reservation.