When financial trouble hits, it comes on fast. Keeping an eye on warning signs can help American consumers stay solvent.
Financial trouble can really come on fast - especially if some minor missteps and sloppy personal finance practices are compounded by a major event like job loss, a reduction in income, or a large-scale economic downturn.
Read full storyThe surging cost of living is hurting almost every American household, according to the ACCC Financial Health Index.
More than 90 percent of respondents to the Q1 2022 survey say they've been impacted by inflation. Half have changed travel plans, and 19 percent have trimmed grocery budgets. Skyrocketing costs are forcing Americans to trim spending on discretionary items and travel as well as everyday household necessities, according to the first quarterly American Consumer Credit Counseling Financial Health Index of 2022.
Read full storyOne third of Americans have been victims of identity theft. These steps could help limit the financial damage.
Taking swift action is critical, according to experts at American Consumer Credit Counseling. The reality is staggering: another American is victimized by identity theft every 14 seconds.
Read full story