News roundup December 7, 2024
Credit Sesame’s personal finance news roundup December 7, 2024. Stories, news, politics and events impacting personal finance during the past week. Nearly 5% Thanksgiving online shopping transactions fraudulent TransUnion reports that 4.6% of global online shopping transactions from Thanksgiving through Cyber Monday this year were suspected to be fraudulent. There is some good news, though. […]
U.S. consumer credit trends for 2025
Credit Sesame discusses consumer credit trends for 2025 and steps consumers can take to stay on top of their finances in the coming year. In 2025, several trends in consumer credit are expected to impact how Americans borrow and manage debt. From rising interest rates to the growth of alternative financing, understanding these trends can […]
Are mortgage rates and home prices stabilizing?
Credit Sesame discusses the possibility of mortgage rates and home prices stabilizing in late 2024. Mortgage rates have experienced unpredictable ups and downs in recent years, much like a roller coaster ride. Meanwhile, housing prices have shot up rapidly, more like a rocket launcher, increasing significantly in a short span of time. Elevated mortgage rates […]
News roundup November 30, 2024
Credit Sesame’s personal finance news roundup November 30, 2024. Stories, news, politics and events impacting personal finance during the past week. Pending home sales rise again in October 2024 The National Association of Realtors’ Pending Home Sales Index (PHSI) rose by 2% in October. That was the third consecutive month that the PHSI increased. The […]
Stay in control of your credit with our Christmas credit countdown
Credit Sesame’s Christmas countdown of 24 tips to help you stay in control of your credit. It’s easy to lose track of spending between gift shopping, travel, and festive activities, but the holiday season can be the perfect time to give your finances extra attention. As the New Year approaches, promise yourself that you will […]
The consequences of late payments in late 2024
Credit Sesame explores how rising debt levels and stricter lending standards intensify the consequences of late payments for consumers. It’s never a good thing to be late on a debt payment. These days, though, the consequences of late payments are becoming increasingly severe for individual borrowers and all consumers. Late payments on consumer credit are […]
News roundup November 23, 2024
Credit Sesame’s personal finance news roundup November 23, 2024. Stories, news, politics and events impacting personal finance during the past week. Credit is harder to get in 2024 Rejection rates for consumer credit applications have continued their rising trend of recent years. 21.0% of applications for credit overall have been rejected in 2024. That’s up […]
Take steps toward better financial health this Thanksgiving
Credit Sesame has a few ideas for improving your finances and taking steps toward better financial health this Thanksgiving. Thanksgiving is a time to reflect on what we are grateful for. For many, being thankful for family, good health, a great job, and a stable home is easy. However, for those struggling financially, whether dealing […]
The state of the American retirement plan
Credit Sesame highlights challenges with the average retirement plan and shares tips for improvement. With low unemployment and a soaring stock market, you might expect that Americans are getting themselves in good shape for retirement. Two recent surveys suggest that this is not the case. A study of current workers showed that while most middle-income […]
News roundup November 16, 2024
Credit Sesame’s personal finance news roundup November 16, 2024. Stories, news, politics and events impacting personal finance during the past week. 50% of retirees find retirement savings inadequate An Employee Benefit Research Institute survey found that half of retirees between 62 and 75 saved less than they needed for retirement. About a third say they saved […]
What’s special about credit in 2024?
Credit Sesame discusses credit in 2024–trends, tools, products, and outlook. Credit remained a cornerstone of financial activity in the United States throughout 2024, but significant shifts occurred due to economic trends, technological advancements, and evolving consumer behaviors. 1. The economy and trends in credit in 2024 The U.S. economy in 2024 experienced a mix of […]
Delayed homebuying poses retirement challenges
Credit Sesame discusses retirement challenges caused by purchasing homes later in life. The typical American homebuyer is getting older, with recent housing market statistics showing that Americans delay home purchases until later in life. There are good reasons for this, but it is important to recognize how it complicates retirement planning. A decision to enter […]
News roundup November 9, 2024
Credit Sesame’s personal finance news roundup November 9, 2024. Stories, news, politics and events impacting personal finance during the past week. Federal Reserve cuts interest rates again The Federal Reserve has announced a 0.25% cut in the federal funds interest rate. This comes on the heels of a 0.50% rate cut at the previous Fed […]
Can elections influence credit and financial health?
In the wake of the recent general election, Credit Sesame discusses whether elections influence credit and financial health. Many Americans wonder how political changes might affect their financial well-being, particularly credit health. Elections do not directly change your credit score, but the policies that follow can significantly impact the broader economy. From changes in interest […]
Is the U.S. economy booming or stalling?
Credit Sesame discusses the complexities of the U.S. economy booming amid mixed signals. Economic reports often present a mixed bag of news, with both positive and negative trends. However, the current economic landscape is marked by particularly stark contrasts. While some sectors are thriving and experiencing significant growth, others are struggling to stay afloat. Your […]
