In another sign that the credit freeze is thawing, the Federal Reserve said Americans ramped up their borrowing at the end of 2011. Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes ...
Award-winning broadcast journalist and author Jeanette Pavini writes the Buyer Beware column for MarketWatch and wants to hear your stories, questions, problems and complaints. Write to her at BuyerBewareMKTW@gmail.com.
Don’t miss these top stories: Jobless grads rap Sallie Mae over loan fee Facebook IPO filing: What to watch for U.S. house prices slide 1.3% in November
U.S. consumers ramped up borrowing in December. Consumer debt outstanding rose at a seasonally adjusted annual rate of 9.3% from November to $2.498 trillion. Behind that was a seasonally adjusted 11.8% rise in nonrevolving credit, which ...
WASHINGTON—House lawmakers passed legislation Tuesday to put the operations of Fannie Mae and Freddie Mac on the federal budget and change how the government calculates the cost of several federal loan programs.
The job market continues to improve, according to new data, but economists say consumers have too much on their minds to start spending. Jobless claims are down for the week ending Feb. 4 and unemployment fell to 8.3% in January, yet ...
Ask hedge fund manager Daniel Ades about the future for recent college graduates and he likes to draw a picture, a very ugly picture. He sketches out a bell curve mapping the historical default rate on student loans.
WASHINGTON (MarketWatch) — Consumer credit popped for the second straight month in December, a sign that consumers are feeling more confident about their prospects and the economy.
U.S. consumers increased their borrowing in October. Overall consumer credit outstanding rose $7.6 billion from September to $2.457 trillion. The bulk of the gain came from a $7.3 billion increase in nonrevolving credit, which includes car ...
The top Democrat on The House Oversight Committee has launched an investigation into executive pay practices at for-profit colleges. Thirteen school operators, including University of Phoenix parent Apollo Group Inc. and DeVry Inc., have ...
With student-loan debt exceeding credit-card debt for the first time last year, President Obama recently announced initiatives designed to help ease college graduates' debt burden.
By Jeff Bater and Jeffrey Sparshott U.S. credit-card debt posted the second solid increase in a row during December, an indication Americans stuck with meager wage gains borrowed to pay for their holiday celebrations.
Is history repeating itself? Credit-card debt in the U.S. surged for a second sraight month, as Americans overlooked meager wages and ramped up borrowing in order to spend for the holiday season.
WASHINGTON (MarketWatch) — The Heritage Foundation is out with another one of its misleading reports about how big government is eroding our freedoms.
![[sm0212smart]](http://s.wsj.net/public/resources/images/PF-AB863_sm0212_C_20120118122431.jpg)
![[smfineprint]](http://s.wsj.net/public/resources/images/PF-AB821_smfine_C_20120111122044.jpg)
![[sm0212funds]](http://s.wsj.net/public/resources/images/PF-AB839_sm0212_C_20120113140400.jpg)
![[sm0212ten]](http://s.wsj.net/public/resources/images/PF-AB840_sm0212_C_20120117120334.jpg)
