"When we see this magnitude of increase in credit card debt, combined with rising insolvency filings among higher-income earners, it's clear that financial stress is moving up the income ladder." ...

KITCHENER, ON, Feb. 10, 2025 /CNW/ - The average insolvent debtor's credit card debt surged by 25.9% to $20,398 in 2024, marking the sharpest annual increase since the study began in 2011, according ...

RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank’s ...

The average insolvent debtor’s credit card debt surged by 25.9% to $20,398 in 2024, marking the sharpest annual increase since the study began in 2011, according to research conducted by Licensed ...

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...

India's banking and financial services sector is grappling with a range of issues, including high funding costs, asset ...

A lack of savings during the months after the COVID-19 pandemic hit caused many older adults to experience more intense loneliness compared to those who had money available to cover a hypothetical ...

Influencer Hannah Blass’ life had spiraled “out of control” by the time she finally admitted she had a problem.

February brings visions of pink hearts, candies and candle-lit dinners. However, we think this Valentine’s Day you should add ...

Older adults who didn’t have enough savings to cover emergency expenses during the early months of the COVID-19 pandemic faced another surprising problem: higher levels of loneliness.