Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
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. Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.
Massachusetts, supermarkets and credit card skimmers
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How to Pick and Use Your First Credit CardWhether you're a student, new to credit or are starting over, there are credit cards designed for your situation.
I thought it would be a good idea to open a new credit card. However, in the year since, I haven't used it at all.
The short answer is no, the Wells Fargo Reflect® Card does not have deferred interest. However, it does come with an 0% ...
Pay for dining purchases whenever you can. You can earn more rewards per meal if you offer to use your card as payment when ...
Adopting a one-card strategy with this premium credit card allows this family of six to travel in style with airport lounge ...
Inflation is up for the fourth straight month with families paying more groceries and medical bills, and it being unlikely ...
Look for cards with low fees and transparent terms, and don't forget to continue practicing good credit habits.
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