The number of credit card accounts that had a late payment of more than 30 days jumped to 3-1/2 percent, which is double the lows seen when ...
Below, Select shares the average credit card balance in every state from Experian's report along with some advice on how to get out of credit card debt with a balance transfer card. American's ...
Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.
Michelle Lambright Black, Founder of CreditWriter.com and HerCreditMatters.com, is a leading credit expert and personal finance writer with nearly two decades of experience in the credit industry.
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic.
A new study shows that most retirement-age Americans carry nonmortgage debt, with Texas and Florida metros facing the highest debt levels.
A recent Scholaroo study found that baby boomers are the generation with the second-highest average amount of credit card debt — with Gen X in the lead — with an average debt of $7,464.
If you have credit card debt, you're not alone: Americans owe a record $1.08 trillion on their cards, according to credit reporting agency Experian, with the average balance pushing past $6,300.
record-high credit card debt. 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.
Challenging economic conditions continue as we head into 2025. With the average American carrying nearly $8,000 in credit card debt and inflation cooling but still impacting daily expenses ...
Many Americans are ending the year with holly jolly high-interest debt. Of those who took on holiday debt, 65% put purchases ...
The crisis has left many Americans searching for ways to rebuild their creditworthiness. Amidst the turmoil, secured credit ...