America’s Middle Class Is Addicted to a New Kind of Credit

America’s Middle Class Is Addicted to a New Kind of Credit

It’s called the online installment loan, a form of debt with much longer maturities but often the same sort of crippling, triple-digit interest rates. Bloomberg reports:  If the payday loan’s target audience... Read more »
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40% of American Middle Class Face Poverty in Retirement, Study Concludes

40% of American Middle Class Face Poverty in Retirement, Study Concludes

Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded.... Read more »
What is Middle Class?

What is Middle Class?

Do you consider yourself as a middle class? and how do you define middle class anyway? Amy Livingston of Money Crashers delves into this issue of what is middle class in America.... Read more »
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