The stock market may be hitting record highs, but not all is well for the U.S. consumer. In fact, more Americans are increasingly financially stressed and taking on debt that they cannot pay off, ...
Consumer stress escalates as the share of credit card holders making only minimum payments hit a 12-year high in the third quarter of 2024. The share of credit card holders making minimum payments ...
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...
Getting a debt consolidation loan is a fairly easy process, but you should start by assessing your eligibility.
How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough.
Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.
In one video from his Financial Audit series, which garnered roughly five million views, Hammer confronted 27-year-old Rachel ...
making it even more expensive to carry credit card debt. A balance transfer moves your credit card debt from a card with a high APR to one with a 0% introductory APR for a certain period of time ...
For larger amounts of outstanding debt -- think in the $5,000 to $10,000 range -- a 0% APR balance transfer card can be especially helpful. You'll need to pay a small fee, which is typically 3% of the ...
US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged. Total credit dropped $7.5 billion after a revised $17.3 billion gain in ...
Martin Lewis has urged people with credit card debt to be aware of an important tip that could make alleviating your Christmas financial "hangover" more manageable. In a post on X, the Money ...
In other words, today’s Americans taking on credit card debt pay much more in interest than they would have on that same debt only a few years ago. On top of that, stubborn inflation has ...