The Daily PerspectiveBNPL's Credit Reality Check: What Australia's Regulatory Shift Means for Your Shopping
#BNPL #Afterpay #ConsumerDebt #AusMoney #FinancialLiteracy #AusNews #AIGenerated
Global NewsThe Bank of Canada says these are the 3 warning signs for mortgage default
As of November 2025, the report states that outstanding residential mortgage debt in Canada reached approximately $2.4 trillion.
#economy #finance #Canada #BankofCanada #ConsumerDebt
https://globalnews.ca/news/11715798/the-bank-of-canada-says-these-are-the-3-warning-signs-for-mortgage-default/
As of November 2025, the report states that outstanding residential mortgage debt in Canada reached approximately $2.4 trillion.
#economy #finance #Canada #BankofCanada #ConsumerDebt
https://globalnews.ca/news/11715798/the-bank-of-canada-says-these-are-the-3-warning-signs-for-mortgage-default/
ˈdälfən™🐬 💥 🌊/4
If credit card rates are thought to be acting in a predatory manner, Congress needs to act.
~
So Trump now wants to dictate credit card interest rates (by capping them all at 10%) since he is feeling political heat.
But ironically, Trump et al. have been trying to dismantle means of consumer protection (like regulation) right from the beginning of his second term.
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#MyThoughts #finance #trump #CreditCards #credit #consumers #debt #ConsumerDebt #USeconomy
/3
It sounds cool, but #Trump can't do this. At least not in the #USA previous to his reign.
It's like setting price controls, only for #finance . (The competitive market product is essentially the consumer debt. Loans receivable are lending company / bank assets— how they make $).
The lenders take on risk when they lend & their credit card interest rates partially reflect that risk.
But...
(continues)
#MyThoughts #finance #CreditCards #credit #consumers #debt #ConsumerDebt #USeconomy
JPMorgan Chase Reaches a Deal to Take Over the Apple Credit Card~
Of interest:
The largest bank in the #USA is buying over $20 billion of consumer debt AT A SIGNIFICANT DISCOUNT (a rarity).
"The discount in this deal reflects a high exposure to subprime borrowers and what has been a higher-than-industry-average delinquency rate..."
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#US #finance #Apple #consumers #ConsumerDebt #debt #economics #USeconomy
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Kevin Karhan 
@riley OFC that is a way the #USA specifically wrote their laws.
- In Germany any business doing "passive holdings" as in "keeping, recieving and holding funds on behalf of others" is de-facto a #bank and "#CreditUnion" is usually just a form of naming (or in the case of #banks incorporated as #cooperatives, literally their meaning)...
That being said #ConsumerDebt in #Germany is virtually nonexistant compared to the #USA as banks don't simply issue #CreditCards or offer #Loans - even #overdraft isn't common and rarely given or only in amounts that'll be easily covered with the next paycheck minus "essentials to survive"...
Cents + PurposeAvoid these debt traps at all costs! #debtfreedom #consumerdebt
Posted into FLIPBOARD USER GROUP @flipboard-user-group-JanetteSpeyer
Anomalous Human>>The Swedish company’s net losses doubled in the first quarter even as its user base and revenue grew, Klarna reported Monday, weeks after pausing its plans to go public over concerns about tariffs and economic uncertainty. Klarna’s consumer credit losses swelled 17% in the first quarter from the same period a year earlier, hitting $136 million.<<
How to get out of debt without sacrificing everything #debtfree #consumerdebt #debtfreedom
Posted into FLIPBOARD USER GROUP @flipboard-user-group-JanetteSpeyer
@mjdxp it'll not only harm #TEMU, but hopefully #SHEIN as well since "#FastFashion" is at best #exploitative if not "#waste from the factory"...
But given #Tariffs imunder the #TrumpRegime will make everything more exensive, this won't reduce #ConsumerDebt as with #CreditCards, but merely skyrocket them to new, fightingly huge heights...