Credit card, Fed

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.
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 hits record $1.17 trillion, New York Fed research shows
Collectively, Americans owe a record $1.17 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Still, credit card delinquency rates improved in the most recent quarter,
Credit card debt just hit a new high. Here's how to tackle yours now.
The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.
Record credit card debt tests the claim that America’s economy is strong
Total credit-card debt climbed to a record high of US$1.17-trillion in the third quarter, just as other types of consumer debt rose higher
Texas sees second highest credit card debt increase in the nation
Texas experienced a significant surge in credit card debt, with an increase of $3.33 billion in the second quarter of 2024, according to WalletHub. This rise places
28% of credit card users are still paying off last year's holiday debt. But that's an improvement
Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year’s purchases.
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 it could be sign that inflation’s bite is easing.
Americans fall further behind on debts, New York Fed finds
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal Reserve Bank of New York.
Household debt ticks up to $17.94T in Q3, New York Fed says
The total debt at U.S. households edged up 0.8% Q/Q to $17.94T in Q3. Meanwhile, the aggregate delinquency rate worsened during the quarter, according to data released by the Federal Reserve Bank of New York's Center for Microeconomic Data on Wednesday.
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, ...
This Small-Cap Stock Is Up 63% in 2024. Here's Why a Historic Opportunity Could Send It Even Higher.
Falling interest rates could spur consumer demand for debt consolidation, and LendingClub is preparing its platform to ...
Household Debt at New Record Is Squeezing Low-Income Americans
US household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden, ...