Both banks increased their reserves as protection against deteriorating economic conditions, but signaled optimism about consumer resilience.
Tag: Credit and Debt
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Stranded by Southwest and Stuck With Unexpected Costs
The airline’s customers incurred thousands in expenses as they scrambled to find alternate ways to get home.
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Low-Down-Payment Mortgages: Your 2023 Guide
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
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The Downsides of Using ‘Buy Now, Pay Later’
Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.
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Medical Debt Is Being Erased in Ohio and Illinois. Is Your Town Next?
Cook County, Ill., and Toledo, Ohio, are turning to the American Rescue Plan to wipe out residents’ medical debt. Experts caution it is a short-term solution.