News

While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent ...
Freedom Debt Relief reports 25% of Americans seeking debt relief have accounts in collections, averaging over $3,000, often ...
American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly ...
Imagine this scenario: Christopher is a 72-year-old retiree with multiple medical conditions that limit his mobility. He has ...
For one wife, it took a decade of marriage before her husband came clean: he’s dug himself into a hole of $50,000 in credit ...
Researchers analyzed more than 500,000 anonymized credit reports from residents of the 100 largest U.S. metro areas and found that median nonmortgage debt dropped 23.9 percent nationwide, from $24,668 ...
In an increasingly digitalized world, one of the biggest problems people face is credit card debt. Many people use these cards to get out of trouble and then leave the issue of rep ...
WASHINGTON] US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other ...
NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans ...
Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago.