This Week In Credit Card News: Defaults At Highest Level In 14 Years
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders
6 Reasons Credit Card Debt Is Growing –and What To Do About It
The Federal Reserve Bank of New York reported that credit card balances have gone up by $24 billion, and now total $1.17 trillion. The average individual credit card debt is just over $6,500, a
3 big reasons to pursue credit card debt forgiveness this January
A s we step into the new year, many Americans are grappling with the financial aftermath of holiday spending layered on top of existing credit card debt. The uptick in spending is
Pay off that holiday credit card debt
The holidays are behind us now, but credit card bills are still ahead of us. The FOX 5 I-Team's Dana Fowle explains why you should make it your first priority to tackle that debt.
Why are credit card defaults surging?
Many Americans are starting 2025 carrying unmanageable credit card debt. The credit card default rate has hit its highest level since 2010, as lenders wrot
Credit card debt is at a record high this holiday season
That's as shoppers are projected to spend up to $989 billion between November 1 and December 31, according to the National Retail Federation.
Credit card defaults spike as debt piles up
Credit card defaults spike as debt piles up
Massive Surge in Credit Card Defaults Rivals 2008 Crisis
Knewz.com is reporting that American credit card defaults have surged to concerning levels, with over $45 billion in delinquent loans written off in 2024. Capital One reported a 6
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Credit Card Mistakes You Shouldn't Repeat in 2025
The Federal Reserve may have cut interest rates last year, but credit card APRs are still well over 20%. If you carry a ...
Credit card interest rate forecast for 2025: Rates will only fall a bit
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a ...
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Here are the best loans for refinancing credit card debt
Credit card debt is common, but paying high interest rates on your balance can get expensive. According to the Fed, credit cards have an average APR of 16.28%, and your cards might have higher ...
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Credit Card Defaults Soar To 14-Year High As Bidenomics Continues To Crush Americans
Americans defaulted on their credit card loans at levels not seen since 2010, the Financial Times reported Monday. Credit ...
Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% from the ...
‘Seeing through debt-colored glasses.' Author details main character being trapped in credit card debt
In Saïd Sayrafiezadeh’s fictional short story, “Minimum Payment Due,” the main character is trapped in credit card debt and ...
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Tweaking Your Credit Card Balance Could Boost Your Credit Score Quickly
Increasing your credit limit will help reduce your credit ratio because the amount you owe is now a smaller percentage of the ...