US Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna introduced a bill last week that would slash credit card interest rates, offering major relief to millions of Americans in debt.
Niloy Chakrabarti Mar 12, 2025
Bernie Sanders hopes that Donald Trump will fulfil his promise to impose a temporary credit card interest rate cap of 10% to help Americans repay existing debt and improve personal finances.
Niloy Chakrabarti Dec 16, 2024
Car expert Jayden Bloom warns against long-term, high-interest car loans after a woman's $0 downpayment deal resulted in $499 monthly payments stretched over 427 months, a scenario he called the "worst car deal" he'd ever seen.
Niloy Chakrabarti Oct 30, 2024
Kevin O'Leary reveals his approach to family loan requests, advocating for a one-time gift with no repayment expectations to avoid ongoing financial dependence and strained relationships.
Niloy Chakrabarti Oct 25, 2024
Lou, a final-year student working full-time in the tech sector, had to pay off her $16 outstanding BNPL debt and $38,000 in HECS student loans before securing a mortgage.
Niloy Chakrabarti Sep 13, 2024
The man lives in an assisted living facility and claims to have repaid $5,000 to his mom. He is now exploring ways to receive the entire inheritance payout, even if that means amending his mother's old tax returns.
Niloy Chakrabarti Sep 12, 2024
Alyse Benoit repaid all her debt and tripled her savings every month with the help of her kids. She cuts back on food and subscriptions, shares profits with the kids, repays credit card balances weekly, and aggressively shops for the best deals.
Niloy Chakrabarti Sep 06, 2024
Elizabeth's impulsive spending habits have kept her family poor for over a decade. She continues splashing money on clothes and using buy-no-pay-later apps for all expenses.
Niloy Chakrabarti Aug 30, 2024
The average UK credit card APR has increased significantly since early 2023 as part of the BoE's broader interest-hike campaign to curb inflation. This has weighed on household budgets as more outstanding debt balances slip into delinquencies.
Niloy Chakrabarti Aug 24, 2024
Lana Del Rey used her first paycheque to pay off $17,200 in credit card debt, transforming her financial struggles into a successful music career.
Danielle Summer Jul 31, 2024
Sora Lee increased her income by ten times in just over a decade. Still, payments on debts and lack of control over discretionary expenses are becoming a drag on her monthly budget.
Niloy Chakrabarti Jul 06, 2024
Preston from Dallas is frustrated with his outstanding debts and volatile monthly spending habits despite having the tools and resources to save more on his $190,000 annual pay.
Niloy Chakrabarti Jun 28, 2024
Drea's new Tesla could cost more if totalled. Gap insurance could've covered the difference. Learn from her story.
Vinay Patel Jun 26, 2024
Jim and Dana are 58 years old and have been married for five years. Jim's instinct to provide for the family at any cost has landed him deep in debt, which he kept a secret until now.
Niloy Chakrabarti Jun 24, 2024
If you have a poor credit score or a thin credit profile, exploring avenues like becoming an authorised user or using a rent-reporting service can help.
Niloy Chakrabarti Jun 14, 2024
$395.99 pineapples highlight the absurdity of soaring grocery prices in America, forcing many to rely on credit despite the risks.
Vinay Patel May 21, 2024
The couple wants to provide the best education for their kids and build their dream house, but debts, high fixed costs, and poor habits are making it impossible to achieve.
Niloy Chakrabarti May 09, 2024
Dave Ramsey attempts to uncover why a qualified CFP who helps people manage money is drowning in debt, and doesn't find the needed support from his spouse.
Niloy Chakrabarti May 06, 2024
DJ has been carrying credit card debt for years. It's not a lot, but Adam's previous failed marriage over mismanaged finances isn't letting him commit long-term.
Niloy Chakrabarti May 01, 2024
This millionaire couple is $900k in debt, has too many insurance policies, pays $6k annually towards advisor fees, and doesn't know how to face money talks.
Niloy Chakrabarti Apr 23, 2024
