Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
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Wall Street’s Most Hated Regulator Faces a Fundamental Threat
Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”
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As Student Loan Payments Resume, Gen X Struggles to Save for Old Age
The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.