Credit card balances that never seem to shrink are usually a math problem, not a moral failing. When interest rates on ...
American households are now carrying a record mountain of debt, with balances swelling to levels that would have seemed ...
The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...
MEMPHIS, Tenn. - More than half of credit card holders are carrying revolving debt, according to a new study. The J.D. Power 2025 U.S. Credit Card Satisfaction Study found 56% of cardholders are ...
Even when you never miss a payment, carrying unpaid credit card balances month after month can reduce how much home loan a ...
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...
According to the J.D. Power 2025 U.S. Credit Card Satisfaction Study, 53% of cardholders are currently carrying revolving debt, and 56% are classified as financially unhealthy. While these percentages ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...