Credit card debt hits new all-time high

3 important things to know if your credit card debt goes to collections
F alling behind on credit card payments can be a tough issue to deal with, but it becomes even more challenging when your debt is sent to collections. When that happens, the frien
This Week In Credit Card News: Credit Card Debt Surges To A Record High
Credit Card Users Are Still Paying Off Last Year’s Holiday Debt Americans tend to overspend during the holiday season. In fact, some borrowers are still paying off debt from last year’s purchases. To that point,
Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
3 Times You Should Always Use Your Credit Card
It's a good idea to use your credit card whenever you're renting a car, booking a trip, or shopping online. Read on to find out why.
Retirees' Credit Card Debt Levels Are Climbing
A Employee Benefit Research Institute survey found that more than two-thirds of retirees had outstanding credit card debt, up from 40% in 2022.
Need Credit Card Debt Relief? Debt Management Could Help
If you’ve been denied a credit card hardship plan or offered terms that you can’t afford, credit counseling may get your finances on track.
U.S. credit card debt trending to $1.16 trillion
Americans have been doing a lot of swiping and tapping, racking up debt on their credit cards. A new report by the New York Federal Reserve finds that consumers owe a record $1.1 trillion on their credit cards.
Credit card debt hits new all-time high, but it’s not all bad news
Americans continue to rack up credit card debt, but new data shows they’re doing a better job paying on time. Total credit card debt rose to a record $1.17 trillion in the third quarter, according to the New York Federal Reserve.
8 Things To Do When You Get A New Credit Card To Set Yourself Up For Success
You’ve researched the right card for your needs, gotten approval and received your card in the mail—but now what? If you give ...
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My parent took out a credit card in my name without my knowledge. It’s ruining my life, what should I do?
When a parent adds a son's or daughter's name to a credit card, defaults can hurt the FICO scores of both parties.
Credit card delinquencies creep up, net charge-offs slide in October: Credit Pulse
U.S. credit card delinquencies continued to edge up in October, while the rate of uncollectible debt written off by lenders ...
3 Reasons I'm Keeping the Credit Card I Never Use Anymore
What's the point of keeping an old credit card that doesn't really fit your life? Read on to learn why I'm hanging onto such ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
10 Tips for Using Credit Card Perks To Make the Most of Holiday Shopping
According to the National Retail Federation, U.S. consumers are predicted to spend an average of $902 per person during the ...
JPMorgan’s Chase UK launches first credit card
JPMorgan’s UK digital-only bank is rolling out its first credit card to customers, expanding into lending after amassing more than £20bn in deposits in three years. JPMorgan, which is the largest bank ...
Credit card consumer protection laws: 6 key RBI rules you should know
Credit card users should be aware of RBI regulations that promote transparency, accurate billing, fair debt collection, and ...