Data

Mapping the Credit Landscape in America’s Cities

January 17, 2017 Introduction Credit has become increasingly vital for Americans navigating daily life and planning for the future. Healthy credit can make it easier for people to buy homes and cars, and can potentially save them thousands of dollars a year by opening the door to lower interest rates. In some cases, good credit […]

How are Debtors Managing Student Loans?

August 23, 2016 A new survey of over 1,000 student loan holders by Credit Karma working with Qualtrics finds that the majority are carrying $10,000 to $50,000 for their educational experience and many of them are using payments above the minimum, refinancing, consolidation or federal repayment programs to manage the burden. The majority of people […]

The 10 Cities Where 18-24 Year Olds Have the Most Accounts in Collection

Missing a utilities bill or credit card payment happens more than we’d like to admit. Letters requesting payment can be tossed in the recycling bin, caller ID can make it easy to avoid phone calls, but the debt does not disappear. After a few months it may be sent on, or sold, to a collections […]

The 10 Most Expensive Cities For Millennials To Own a Car

A recent University of Michigan study showed that car ownership was declining in America, but with over 90 percent of households still owning a vehicle, it clearly still plays a major role in most people’s daily lives. Millennials are more likely to be interested in things like ridesharing than older generations, but a large number of […]

The 10 Cities With The Most Responsible Millennial Spenders

There’s a prevailing cliche that exists about Millennials: they’re prone to living beyond their means, credit-illiterate and slightly irresponsible, enjoying the spend-now, consequences-later era of their early youth. Only that may not always be the case, as Credit Karma research has found. Average credit card debt for Millennials, viewed as a proportion of their disposable […]

15 US Cities With the Highest Amount of Auto Loans

Cars have been a defining element of American life since the first Model T rolled off Henry Ford’s assembly line in 1908. According to the sales tracking company Autodata, Americans bought 16.5 million new cars in 2014. This fascination isn’t cheap: the average cost of a new car was $31,252 in 2013, according to TrueCar.com, […]