No surprise: Inflation, higher interest rates and the pandemic all play a role.

A strong labor market also means people feel more confident they’ll be able to pay the debt back.

Student loan payments will resume this fall, but a new study from TransUnion shows that many people have taken on new debt in the meantime.

Office building vacancies remain elevated, especially in coastal cities. Lenders worry about developers’ ability to pay back their debt.

A recent study from the Federal Reserve Bank of New York shows that people often use government stimulus money to pay off debt — especially if they have a lot of it.

Yanely Espinal, host of Marketplace’s podcast “Financially Inclined,” tells the story of taking on a financial responsibility she wasn’t prepared for.

Total loan balances rose from last quarter and year over year, according to the FDIC. There are good reasons to borrow now.

In 2022, consumer credit increased 7.8% from the year before. But in December, the growth in borrowing decelerated.

Consumer debt levels have been rising. While wage gains have helped people pay off debt, those gains have been slowing down.

A New York Fed survey shows consumers are cutting back. But inflation means they’re paying more for the same stuff.