Credit card debt will likely increase by about $60 billion during 2021, even after a $56.5 billion first-quarter reduction in 2021. People trying to get rid of credit card debt should consider spending and repayment. A budget that cuts out luxuries and maximizes monthly debt payments will help.
Consumers who buy manufactured homes are charged higher interest rates, have more risks, and face credit barriers, report shows
Manufactured housing, one of the most affordable types of housing available to low-income consumers, makes up 13 percent of the housing stock in small towns and rural America. However, the lower cost of buying a manufactured home often comes with higher interest rates and limited opportunity to refinance.
Fisher-Price is recalling about 120,000 4-in-1 Rock ‘n Glide Soothers and 55,000 2-in-1 Soothe ‘n Play Gliders. About 25,000 4-in-1 Rock ‘n Glide Soothers and 27,000 2-in-1 Soothe ‘n Play Gliders were sold in Canada. Infants placed unrestrained in the product who turn on their stomach can suffocate.
The U.S. Consumer Product Safety Commission approved a new rule Wednesday to regulate products sold for infant sleep for babies under 5 months old. Beginning in mid-2022, any product sold for infant sleep is required meet a federal safety standard. The new rule doesn’t include swings and car seats.
In the past 10 years, nearly 300 million vehicles have been recalled for potential safety defects. Only 75 percent of those recalls have been addressed, leaving more than 72 million vehicles on the road with unrepaired recalls. As consumers go back into the car market, used cars are the most popular choice.