U.S. credit card defaults soar, total debt hits 12 year high
The stock market may be hitting record highs, but not all is well for the U.S. consumer. In fact, more Americans are increasingly financially stressed and taking on debt that they cannot pay off, ...
How do you prove a credit card debt is uncollectible?
C redit card debt has become a serious issue for millions of Americans. In late 2024, the total amount of U.S. consumer ...
Record-high credit card interest rates and fees are bogging down consumers. Here’s how to avoid them.
Even with higher interest rates and credit card fees, these strategies can help consumers get better rates, avoid being shocked by fees, and help get them out of debt.
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.
How to avoid record-high credit card interest rates, fees
Monthly credit card statements are causing consumers ongoing stress and concern. Here are a few tips on how to avoid ...
Independent Record5d
Here's what you need to know about credit card defaults
Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.
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, ...
News 80004d
Here's what you need to know about credit card defaults
U.S. credit card defaults jumped to a record $46 billion from January ... citing data analyzed by BankRegData. With high levels of credit card debt and high inflation, many consumers have found ...