By the end of 2024, Americans’ credit card debt reached an all-time high of $1.21 trillion—up $45 billion from the previous quarter and 7.3% higher than in 2023. A major factor in this increase was ...

With the CFPB told to stop its work, thousands of consumers’ hopes of restitution may be lostBy Derek KravitzFive years ago, ...

Tana Williams and her husband found themselves in nearly $27,000 in debt after a series of emergency expenses came up, ...

Although Americans are racking up more credit card debt, there are signs households are managing their debt better than they ...

Americans owe a record $1.21 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New ...

But the report warns that the health of the Canadian consumer credit market, as measured by TransUnion’s Canada Consumer Credit Index, declined to its lowest level since 2021 (99.8) in the fourth ...

Recent data published by the Federal Reserve Bank of New York show that the proportion of American credit-card debt in ...

Despite stabilization of macroeconomic conditions, total consumer debt and delinquency rates continue to rise; Gen Z ...

Driving the surge was a sharp rise in average credit card balances, which increased by 25.9% to $20,398 and accounted for 34% of total unsecured debt. Click to read.

Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit ...

Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of ...

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.