NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of ...
In 2023, household credit card debt rose to $1.3 trillion, surpassing the pre-pandemic peak in 2029 which was $927 billion.
That's as shoppers are projected to spend up to $989 billion between November 1 and December 31, according to the National ...
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging ...
The state of Florida has the second-highest credit card delinquency rate in the nation at 11.68 percent. Rates remain ...
Financial service business have written off 50 percent more overdue credit card debts in the past year, after exhausted ...
These figures reveal widespread social distress and economic insecurity in America’s supposedly booming economy.
Slightly fewer Americans carry credit card debt than did earlier this year and late last year. 48% of credit cardholders ...
credit card balances rose by $24 billion in the third quarter of 2024 and are 8.1% higher than a year ago, according to the Federal Reserve Bank of New York’s report on household debt.
The dramatic increase comes amid soaring consumer debt, which hit a record $1.17 trillion in the third quarter of 2024, as ...
The report showed total household debt also climbed to a new high of $17.94 trillion ... the persistent and “concerning” growth in auto loan and credit card delinquencies, and how stresses and high ...