Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.

How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough.

The following graph from the Federal Reserve Bank of St. Louis is of consumer loan data from the Fed’s Board of Governors. Growth of credit card and revolving consumer debt. The more such credit ...

Getting a debt consolidation loan is a fairly easy process, but you should start by assessing your eligibility.

Incurring credit card debt can make it easier to buy various products and services. You can also earn points or cash back for ...

Sure, some financial challenges, like paying down credit card debt or saving to buy a home, are universal — regardless of ...

The average individual credit card debt is just over $6,500, a 10% increase from 2022 to 2023. One in five consumers (20%) said they’ve fallen behind on credit card payments because they lost ...

( NewsNation) — More than 1 in 10 people “blew up” their credit card debt this past holiday season, according to a national ...

With consumers using credit cards to make ends meet month after month, it’s only a matter of time before the spending spree ...