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
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.
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.
Most retirees are now carrying credit card debt
Over half of people retiree sooner than expected, and rising costs due to inflation, along with unexpected expenses, are leading a growing proportion of retirees to turn to credit cards, EBRI found.
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
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.
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.
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,
Couple has $3 million in assets, but $40,000 in credit card debt due to 'sloppy' financial management, says money expert
Despite a high salary, Jason and Megan have racked up $40,000 in credit card debt. Ramit Sethi shares advice to get them back ...
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Financial Trump card? Nearly 60% say their debt problems influenced their vote
As household debt becomes a necessity for many and a burden for even more, researchers have found that living in the red is ...
NY Fed says household debt up in third quarter as rising incomes ease debt burden
Rising income levels helped Americans manage their expanding debt loads during the third quarter, even as some signs of ...
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Nearly half of Americans say debt is affecting their health: Study
WalletHub found that nearly half of Americans (48%) reported that their household debt was negatively impacting their health.
6 Signs You’re Spending Too Much on Household Expenses
Sometimes we get into a routine and don't even realize how much it's costing us. Our budget might be out of whack, but we don ...