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Credit card debt increased in the U.S. last year

Posted on March 30th, 2015 No Comments

Credit card debt increased in the U.S. last year

A recent survey observed that credit card debt in the U.S. ballooned in 2014, and it may continue to increase this year by five percent, a March 10 article of CBS stated. CardHub said American households in 2014 were left with $57.1 billion in credit card debt and it is expected to increase to $60 […]

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Homes with bigger mortgages experience increased foreclosure

Posted on March 16th, 2015 No Comments

Homes with bigger mortgages experience increased foreclosure

Though the U.S. housing market is continuing to recover from a foreclosure crisis, recent data from CoreLogic revealed that foreclosures of wealthier homes have increased, The Wall Street Journal stated on March 5. According to the data, as the national foreclosure rate at the end of 2014 has been reduced to 1.4 percent, foreclosure rates have increased by 2.5 […]

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