Consumer stress escalates as the share of credit card holders making only minimum payments hit a 12-year high in the third quarter of 2024. The share of credit card holders making minimum payments ...
Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Getting a debt consolidation loan is a fairly easy process, but you should start by assessing your eligibility.
Data from Bankrate is telling a story that more people are carrying credit card debt than before the early days of the ...
How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough.
Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.
With consumers using credit cards to make ends meet month after month, it’s only a matter of time before the spending spree ...
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making it even more expensive to carry credit card debt. A balance transfer moves your credit card debt from a card with a high APR to one with a 0% introductory APR for a certain period of time ...
US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged. Total credit dropped $7.5 billion after a revised $17.3 billion gain in ...
Martin Lewis has urged people with credit card debt to be aware of an important tip that could make alleviating your Christmas financial "hangover" more manageable. In a post on X, the Money ...