Americans now owe a record $18.19 trillion in consumer debt, according to Equifax. Rising living costs are pushing many consumers deeper into credit card debt.
Experian has launched its Insurance Marketplace inside ChatGPT, allowing drivers to compare auto insurance rates from more than 37 carriers through a conversational interface. The move signals a broader shift as financial services begin embedding directly into AI chat platforms.
SoFi is now the first U.S. bank to let customers buy, sell, and hold crypto directly in the same app as their checking and savings, though the ease of access could lead to risky behavior.