According to Experian’s Consumer Credit Review, a significant 16% of Americans find themselves grappling with a very poor credit rating, defined as a FICO score ranging between 300 and 579.
Navigating the complex world of personal finance might seem overwhelming for you at this stage. Between academic commitments, social pressures, and the whirlwind of growing up, you’re now faced with
In 2022, around 59.9% of U.S. households contributed to the nation’s coffers through income tax. However, 40.1% of households had no individual income tax obligations. Delving deeper, it’s noteworthy that
A June 2023 survey of US small businesses revealed that while 5% of respondents considered poor sales their primary challenge, a significant 15% identified taxes as the most pressing issue
In 2021, approximately a quarter of Americans boasted household retirement savings of $250,000 or more. However, not everyone was as fortunate. An alarming 8% of individuals reported having no retirement
In the first quarter of 2023, a record was set in the United States: people borrowed more money than ever before, reaching a total of 4.84 trillion dollars. This isn’t
