Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.
Credit card debt hits record $1.17 trillion, New York Fed research shows
Collectively, Americans owe a record $1.17 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Still, credit card delinquency rates improved in the most recent quarter, suggesting that "rising debt burdens ...
Gen X is most likely to carry credit card debt, but Gen Z feels the most burdened by it
A new report shows debt burdens are high, but Gen Z remains optimistic about their financial future. It may not feel like it to some, but generational mobility is still alive and well in the United States, according to a new report from H&R Block.
Credit card debt among retirees jumps — ‘It's alarming,' researcher says
There’s been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.
Credit card debt just hit a new high. Here's how to tackle yours now.
The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.
Americans fall further behind on debts, New York Fed finds
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal Reserve Bank of New York.
When do late credit card payments show up on your credit report?
L ate credit card payments are one of the most common credit mistakes people make, yet they can have significant long-term ...
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Americans' $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Approximately 8.8% of credit-card debt transitioned into delinquency in the third quarter, down from more than 9% in the second quarter, the New York Fed's quarterly household-debt report showed ...
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28% of credit card users are still paying off last year's holiday debt. But that's an improvement
To that point, 28% of shoppers who used credit cards have not paid off the presents they bought for their loved ones last ...
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Here's what information appears on your credit report
The next time you apply for a credit card, loan or mortgage, the lender will likely request access to your credit report. The information listed on your credit report summarizes how you ...
Credit and Debit Card Market Share by Network and Issuer
We've collected statistics on credit card market share and debit card market share. See the most popular issuers, networks, ...
5 easy credit cards to get approved for
Whether you're getting a credit card for the first time or want to rebuild your credit history, here are 5 easy credit cards ...
One thing to know before you buy a gift card
The FTC recommends taking a picture of both the gift card and your purchase receipt. The card information, plus the ...
Why is good credit so important?
A good credit score is important for getting access to loans, rental options and even job opportunities. Good credit can lead ...