The Federal Reserve is widely expected to lower interest rates by 25 basis points this month,…
Tag: credit card debt
1 in 7 Gen Z credit card users are ‘maxed out’
Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she’s…
Elon Musk said credit card debt in the US is ‘looking scary’ right now. He’s right.
Credit card debt is at an all-time high in the United States, and the world’s wealthiest…
Americans owe nearly $1 trillion in credit card debt—here’s the breakdown by age
Americans now hold a record amount of credit card debt — nearly $988 billion, according to…
U.S. credit card debt jumps 18.5% and hits a record $930.6 billion
Key Points Total credit card debt reached a record $930.6 billion in the fourth quarter of…
Consumers are piling on credit card debt, flashing signs of potential crisis
After a year of soaring prices for everyday goods and interest rate hikes, Americans are increasingly…