What are sound financial strategies to pay down credit cards?
Millions of Americans are struggling with mounting credit card debt, and these surging credit card balances increased by $61 billion…
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Proposed credit card late fee reduction could cost some consumers more, surveys say
The Consumer Financial Protection Bureau (CFPB) has said it wants to change how much consumers are charged late fees, but…
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Credit card debt surpasses $1 trillion for Americans: NY Fed
Credit card balances increased to $1.03 trillion in the second quarter of 2023, according to…
Pandemic boost to consumer credit is quickly turning sour for some borrowers: Survey
Subprime borrowers that saw their credit scores boosted by pandemic-era stimulus savings are reverting to…
Credit card debt hits $1T for the first time ever
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt surpassing…
Some Americans drowning in credit card debt following the COVID-19 pandemic: survey
When it comes to personal finances following the pandemic, Americans are divided into two categories…
Credit card debt set to hit $1T as inflation continues squeezing Americans
Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday…