Tag Archives: household debt

Study: Is Soaring Credit Card Debt A Good Sign, Bad Sign Or No Sign At All?

According to a study conducted by Card Hub, U.S. household debt in the form of credit cards has spiked higher in 2015! Is this spike in leverage a sign of consumer confidence with households taking on debt due to an optimistic vision of their personal financial fortunes going forward? Or is the 2015 2nd quarter credit card balance increase of […]

Homes: Who’s buying and why? (Video)

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service And, in addition, who isn’t buying and what are some of the reasons for them staying out of the market? Is an issue preventing the purchase of real estate an inability to save for a down payment or possibly qualify for a mortgage? Is it the other debt on the books […]

Household Debt Chart: How much do Americans owe?

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service Household debt is once again on the rise ($11.52 trillion) and is not that far behind the Q3 2008 peak! Most Americans are very aware of what they owe to someone else whether it be for a mortgage, a car loan, student loans, credit cards or very possibly for all four […]