It’s a frightening reality about the state of American consumer debt that at the end of 2024, the Federal Reserve Bank of St.

A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

Experian explains that the average credit card balance among U.S. consumers was $6,730 as of Q3 2024, an increase of 3.5% ...

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

For many, 2025 has felt like a financial pressure cooker. Inflation may be easing, but prices are still high. Borrowing ...

Fees: Texas laws allow debt relief companies to collect their fees only when the debt is settled. Fees vary by company, but ...

Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did in 2023. The total amount of consumer credit card debt in the U.S. grew ...