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,
Credit card debt rose by $24 billion in the third quarter
The Federal Reserve Bank of New York's Center for Microeconomic Data has released its latest Quarterly Report on Household Debt and Credit, revealing a sig
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.
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
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,
Synchrony credit card deliquency, charge-off rates rise in October
Synchrony Financial's (NYSE:SYF) credit card delinquency and net charge-off rates both climbed in October as lending stayed ...
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 ...
Capital One credit card delinquency, charge-off rates climb in October
Capital One Financial's (NYSE:COF) credit card delinquency and net charge-off rates rose in October as its lending increased, ...
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 ...
Corey Feldman’s Massive Credit Card Debt Exposed in Fight With Estranged Wife Courtney
Corey Feldman revealed he is struggling to pay off a mountain of unpaid taxes and credit card debt, In Touch can exclusively ...
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 ...
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3 Surprising Things a Debit Card Can Do That a Credit Card Can't
Debit cards only let you spend what you have, thereby helping you avoid credit card debt. They let you withdraw cash from ...