US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?
It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...
Record-high credit card interest rates and fees are bogging down consumers. Here’s how to avoid them.
US Banks & Branch Offices used resources from the Consumer Financial Protection Bureau and other groups to learn about credit ...
CNBC16d
Credit card debt in the U.S. hits all-time high of $930 billion—here's how to tackle yours with a balance transfer
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.
Fast Company27d
Credit card debt is at a record high this holiday season
That’s as shoppers are projected to spend up to $989 billion between November 1 and December 31, according to the National Retail Federation. [Source Illustration: Pixabay] BY Eve Upton-Clark 1 ...
More People Are Only Paying The Minimum Payment As Credit Card Balances Rise
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
NBC New York27d
Credit card debt set to hit record levels as consumer holiday spending rises
Consumers are on track to set a spending record this month, according to forecasts. Already, 36% of Americans went into debt this season, one recent report found. Leaning on credit cards to ...
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...
Yahoo Finance27d
Credit card debt is at a record high this holiday season
Over a third of (36%) of American consumers took on holiday debt, according to a new survey from LendingTree, with average balances of $1,181, up from $1,028 in 2023. The good news? That is still ...
The Salt Lake Tribune3d
Record-high credit card interest rates and fees are bogging down consumers. Here’s how to avoid them.
After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card bills. According to industry data compiled by BankRegData, nearly 3 in 4 ...
NBC News27d
Credit card debt set to hit record levels as consumer holiday spending rises
Heading into the holidays, many Americans were already saddled with record-breaking credit card debt. And yet, consumer spending is set to reach a fresh high this season. The National Retail ...