US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged.

NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of ...

Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it ...

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.

The U.S. debt ceiling is a cap the government puts on the amount it can borrow to pay off existing debts. Learn how the debt ...

but the bottom third of US consumers are tapped out,” Mark Zandi, head of Moody’s Analytics, told FT. “Their savings rate right now is zero.” Pointing to the findings, the Kobeissi Letter declared on ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping." ...

Many Americans are starting 2025 carrying unmanageable credit card debt. The credit card default rate has hit its highest ...

The dramatic increase comes amid soaring consumer debt, which hit a record $1.17 trillion in the third quarter of 2024, as ...

These figures reveal widespread social distress and economic insecurity in America’s supposedly booming economy.

The holidays are behind us now, but credit card bills are still ahead of us. The FOX 5 I-Team's Dana Fowle explains why you ...