News

H igh credit card balances can feel impossible to escape, especially right now, as today's high credit card interest rates ...
If your credit score is in good shape, move your high-interest balance to a card that offers 0% interest for the first year ...
Owing a lot of money on credit card debt can be very frustrating, and it can also create serious problems for your finances, given that the average interest on credit card debt is so high. One Reddit ...
The 0% APR credit card can be a powerful tool for paying down debt. It allows a consumer to make purchases, balance transfers, or both, and pay no interest for a promotional period of 12, 18 or ...
Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve ...
Credit card debt might seem like a problem confined to lower-income Americans. However, LendingTree found that half of the six-figure earners have card debt, compared with 39% of those earning ...
Credit card debt can feel overwhelming to tackle but residents in these states are finding it more challenging to pay it off ...
The report showed that overall household debt increased by $93 billion to $18.04 trillion at the end of 2024, an all-time high. Credit card balances rose by $45 billion from the prior quarter to ...
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.
As inflation continues to hit families across the U.S., a new survey has revealed that credit card debt is a growing concern for more than half of Americans.. According to exclusive poll data from ...
Credit card debt hit a record $1.21 trillion — here's why ‘no one should be surprised,' expert says By Jessica Dickler, CNBC • Published February 13, 2025 • Updated on February 14, 2025 at ...