As stores across the nation experiment with going cashless, they are shutting their doors on a significant share of the population—those wit...

How many Americans carry a credit card balance, and how much do they owe? The answers can be found in a study by economist Joanna Stavins of...

The notion that young borrowers are bad borrowers is tested in a study by the Federal Reserve Bank of Richmond. Using data on young adults w...

One of the most significant findings that emerges from the Census Bureau's 2011 update of household debt is this: American households hi...

More than one in four Americans aged 18 or older does not have a credit card, according to a survey by AARP. Younger adults are more than tw...

According to a study by the Federal Reserve Board, individuals who have had foreclosure proceedings begin against them had the following cha...

The 54% majority of Americans say they always pay their credit cards in full each month. Here are the numbers by age... 18 to 29: 51% 30 ...

You have only $34 in your pocket, purse, or wallet right now--if you are typical. That is the median amount of cash carried by the average A...

Any business wondering where the customers went can find out by taking a look at the Federal Reserve Board's new estimates of household ...

Staying on top of your finances is getting more and more complex. So complex, in fact, that doing it successfully is often beyond the capabi...

In a recent online poll, Time magazine asked its readers who was most to blame for the current economic crisis. Readers rated the guilt of ...

"Consumers stopped buying pretty much everything," commented the Associated Press in a news story about the 0.6 percent decline in...

Results from the long-awaited 2004 Survey of Consumer Finances were released by the Federal Reserve Board this morning, and number cruncher...