Credit Card Debt Surges To A Record High

Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
This Week In Credit Card News: Credit Card Debt Surges To A Record High
Credit Card Users Are Still Paying Off Last Year’s Holiday Debt Americans tend to overspend during the holiday season. In fact, some borrowers are still paying off debt from last year’s purchases. To that point,
Gen X is most likely to carry credit card debt, but Gen Z feels the most burdened by it
A new report shows debt burdens are high, but Gen Z remains optimistic about their financial future. It may not feel like it to some, but generational mobility is still alive and well in the United States,
What are the best ways to get rid of credit card debt in retirement?
Check your credit card debt forgiveness eligibility here. What are the best ways to get rid of credit card debt in retirement? If you're dealing with high-rate credit card debt in
Need Credit Card Debt Relief? Debt Management Could Help
If you’ve been denied a credit card hardship plan or offered terms that you can’t afford, credit counseling may get your finances on track.
Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.
Credit card debt among retirees jumps ‘substanitally’
More American retirees have credit card debt than before, a “substantial” jump over the last four years, a new survey found. Sixty-eight percent of retirees reported having outstanding credit card debt in 2024 compared with 40% in 2022 and 43% in 2020,
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
How to Choose the Right Travel Credit Card
Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the ...
Credit card: Shall I surrender my two credit cards for more financial freedom? I feel it is putting unnecessary pressure on me
According to a recent report by PwC, the credit card market in India is projected to reach 200 million cards with a Compound ...
Identity Theft and Credit Card Fraud Statistics for 2024
Our experts reviewed the data to understand trends on identity theft, credit card fraud, and data breaches. Check out the ...
Police: Student accused of charging $1,000 to teacher’s credit card for PlayStation purchases
Police received a complaint from a teacher after he said his card was charged over $1,000 from a student’s PlayStation ...
How to choose a rewards credit card based on your spending habits
Learn how to choose a rewards credit card by reviewing different types of cards and evaluating your lifestyle.
4 Habits of People With Poor Credit -- and How to Break Them
People with poor credit tend to fall into certain traps. Read on to see what they are, and learn how to avoid them.
Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and ...