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 ...
Americans racked up more credit card debt than ever before. A report from the Federal Reserve Bank of New York shows total ...
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 ...
NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans ...
WASHINGTON] US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other ...
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.