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

The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.

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

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

There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.

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." ...

In Saïd Sayrafiezadeh’s fictional short story, “Minimum Payment Due,” the main character is trapped in credit card debt and ...

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.

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

“High-income households are fine, but the bottom third of US consumers are tapped out ... the Kobeissi Letter declared on X, “The credit card debt bubble is popping.” ...

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

"High-income households are fine, but the bottom third of US consumers are tapped out ... The Kobeissi Letter declared on X, "The credit card debt bubble is popping." The New York Federal ...