Credit Card Debt Surges To A Record High

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 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.
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 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,
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 ...
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, ...
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 ...
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.
More charges handed to scam syndicate members allegedly involved in credit card fraud
The authorities had warned retailers about syndicates believed to have stolen credit card details. Read more at ...
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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 ...
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Colm: Credit card usage up 50%
Credit card usage and spending have increased by 50% in the last five years, Finance Minister Colm Imbert has said.
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 ...