The bankruptcy rate has risen about 48% between 2022 and 2025, although it's still below pre-pandemic levels.
In this March 5, 2012 file photo, consumer credit cards are posed in North Andover, Mass.
Elise Amendola/AP
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Elise Amendola/AP
Continued inflation, high interest rates, falling consumer demand, tariffs, and uncertain policy shifts are driving the increase…
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as…
In February, the rate of inflation was 2.4 percent, which surged to 3.3 percent in March and 3.8 percent in April.
The numbers suggest a small but growing share of American consumers have fallen into a pit of credit card debt. It's hard to dig…
U.S. credit card debt hit $1.25 trillion as delinquencies reached a 15-year high. Inflation and high interest rates are leaving…
Retail credit card debt is accounting for a greater proportion of overall debt in consumer bankruptcies.
