Would You Hesitate to Marry a Person Who Was Super Deep in Debt?

Of all the things you wish to align between you and your partner—values, procreative plans, a shared love for bad reality TV—perhaps debt should be higher on that list, particularly when research shows that money conflict tends to correlate with divorce. Have you ever asked yourself: How much debt is too much for love… »7/25/15 3:30pm7/25/15 3:30pm


App Debt: How Kim Kardashian and Uber Will Bankrupt Us All

Kim Kardashian: Hollywood, the celebrity role-playing game from the Seinfeld of reality stars, is currently the fifth most popular free iPhone app on Apple's charts. It's also the fifth-highest grossing. One analyst predicted revenue of $200 million this year. But how many of the fame gamers that put it there have any… »7/30/14 5:17pm7/30/14 5:17pm

Sallie Mae Publicly Shamed For Harassing A Dead Law Student's Family

Thanks to heavily lobbied-for changes to laws governing debt collection, student loans don't vanish after the loan holders declare bankruptcy. Nor do they vanish when the loan holder dies. Some loan companies have policies in place that erase student debt accrued by a deceased person; others do not. And the ones that… »1/16/14 6:30pm1/16/14 6:30pm

Parents Now Expected to Need Loans For Kids' Preschool

Great idea alert! New York City mayoral candidate Christine Quinn would like to make education affordable to all, and thus wants to give upper middle class Manhattan parents the right to take out subsidized loans in order to pay for their children's pre-kindergarten & oh my god what even is this dumb country we live… »8/05/13 8:30pm8/05/13 8:30pm

It Costs More To Be A Financially-Illiterate Woman Than A Man

A survey by FINRA, the largest independent securities regulator in the US, has found that, overall, women pay higher interest rates on credit cards than men by .5%. The half a point may look small, but means that over the course of a lifetime, women could be paying as much as thousands of dollars more to borrow money… »9/22/12 4:30pm9/22/12 4:30pm

Foolhardy Princess Tries to Sneak Out of Hotel Without Paying $7.5 Million Bill

Princesses are supposed to be the pictures of grace and propriety, but apparently one Saudi princess didn't get the memo. She tried to sneak out a Paris hotel in the middle of the night without paying the six million euro bill she'd racked up. (That's nearly 7.5 million American dollars or, as it is more formally… »6/05/12 9:30am6/05/12 9:30am

Japan Enlists Pop Girl Group to Do Something About the Economy

Japan has broken free from the long chain of unsatisfying ideas on how to stop global and national economies from sucking so bad by enlisting the help of pop group and wireless router serial number AKB48 to sell government bonds. The country, which is heavily indebted, could use some help — Japan's Prime Minister… »5/27/12 12:00pm5/27/12 12:00pm

Mitt Romney Inadvertently Endorses Girls By Encouraging Young People to Live Off Parents

I must admit that after Mitt Romney's victory lap speech on Tuesday night, I was impressed with the guy. Even though it was mostly substanceless political niceties balanced with a hearty dose of empty thought calories, Romney didn't appear robotic and distant. He even managed to muster some passion. But gaffe-free… »4/27/12 6:30pm4/27/12 6:30pm

Depressing Visualization Of The Increase Student Loan Debt Over 20 Years

Economic times are tough right now, I think we can all recognize this. But something that really gets by britches in a knot is how infrequently the political talking heads discuss the exponential increase in student loan debt among young Americans. This chart is proof as good as any to those who don't "believe" that… »12/13/11 3:20pm12/13/11 3:20pm

Americans have $970 billion in credit card debt, and predictably enough we're well on our way to bre

Americans have $970 billion in credit card debt, and predictably enough we're well on our way to break a trillion this year. A new analysis found that the value of credit card accounts more than thirty days overdue has jumped 26%, while the value of credit cards ninety days overdue has risen more than 50%. "Debt… »12/24/07 10:45am12/24/07 10:45am