Monday, April 21, 2025

Consumer Finances

Credit-Card Companies Brace for a Downturn
https://www.wsj.com/economy/consumers/credit-card-debt-delinquencies-economy-a8d7c825
Americans are still spending, but firms are putting away money to cover potential losses and tightening lending.


Millions of Student Loan Borrowers Are Behind on Payments
https://www.nytimes.com/2025/04/21/business/student-loan-borrowers-payments.html
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.