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Credit Card Debt Still At Record Levels

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Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says

Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.

This Week In Credit Card News: Credit Card Debt Still At Record Levels

Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of 2024, growing from $770 billion in the first quarter of 2021 and the share of active credit card holders making just minimum payments rose to 10.75%, the highest percentage ever in data going back to 2012. [ The Guardian]

Americans' credit card debt reaches new record high: New York Federal Reserve

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

Would you date someone with credit card debt? Here's what Americans say

A new survey reveals how Americans view credit card debt in relationships, with some saying it's a dealbreaker and others setting financial limits.

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RFK Jr. Reports $1.2M Credit Card Balance. How Much Credit Card Debt Is OK?

Kennedy Jr. recently reported owing $610,000 to $1.2 million in credit card debt. Most Americans need to keep a tighter grip ...

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3 credit cards rich people carry that almost anyone can apply for

These three credit cards offer luxury benefits and are popular among the wealthy. You can get them too if you have strong ...

15h

7 different types of business credit cards you should know about

Brex provides an overview of seven different types of business credit cards available today, including their essential ...

14h

Clever Credit: I Want to Make a Large Appliance Purchase. Does the Wells Fargo Reflect Card Have Deferred Interest?

The short answer is no, the Wells Fargo Reflect® Card does not have deferred interest. However, it does come with an 0% ...

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Travel influencers say you should use a different credit card for every type of purchase. They're wrong.

Adopting a one-card strategy with this premium credit card allows this family of six to travel in style with airport lounge ...

5 Things to Know About the Bread Rewards Credit Card

The Bread Rewards American Express Credit Card features bonus rewards for everyday spending like gas and groceries. But there ...

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The 6 Best Credit Card Payment Apps for 2024

Square is a leader in the credit card payment app space, offering a seamless blend of hardware, software, and payment ...

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Study finds many Americans have more credit card debt than savings

Its tough news on inflation and according to a new Bankrate survey. One-third of Americans say they have more credit card ...

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You're Probably Eating a Credit Card's Worth of Plastic Each Week. Here's How to Minimize Exposure

Research shows people may be ingesting approximately 5 grams of plastic weekly. Try these easy swaps in your kitchen to ...

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