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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.
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.
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.
2h
on MSN
Things Are Quiet in Consumer Credit. Too Quiet.
Credit-card delinquencies seem to have peaked, for now.
15h
S&P Sees Some Signs of a US Credit Bubble as Spreads Tighten
Tight spreads may be obscuring corporations’ high borrowing costs and strained debt sustainability, marking signs of a ...
9h
Credit rejection rates rise for Americans over 2024, says NY Fed
Americans seeking to borrow money experienced increased headwinds in 2024 as applications for credit faced higher rejection rates.
18h
on MSN
UBS boss Ermotti flags Credit Suisse client migration challenge
UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next ...
2d
Concerns About Credit Risk in SRTs Are Growing
Market participants are growing increasingly concerned about the credit risk from significant risk transfers, a type of ...
21h
on MSN
Unpaid medical debt can ruin your credit. A proposed remedy is in sight.
The Consumer Financial Protection Bureau wants to eliminate all medical debt from credit reports. Will President-elect Trump ...
2d
on MSN
Owe Money on Your Credit Cards? Warren Buffett Says You Should Do This
Want to see what the Oracle of Omaha thinks about credit cards? Read on for essential advice from Warren Buffett on what to ...
4d
on MSN
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, ...
20h
Silver Point Closes an $8.5 Billion Fund for Private Credit
Silver Point Capital said it’s closed a $8.5 billion direct lending fund that will focus on providing loans to mid-sized ...
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