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But why are credit card interest rates so high right now? It has a lot to do with where the economy stands, how the Federal ...
High-interest debt can lead to financial strain and increased stress.
The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.
Late card payments and minimum payments are at a record high, the Philadelphia Fed says. Seasonal and longer-term factors ...
Credit card debt recently hit record highs across the U.S., with the total amount nationwide now topping over $1.2 trillion, ...
If you have four cards, you'll also have a lot of available credit — although this can be both a blessing and a curse. For ...
With more credit cardholders than ever falling behind on payments, delinquencies are painting a stark portrait of consumer distress.
Nearly half of Americans are carrying credit card debt, according to a recent Bankrate survey, and with interest rates ...
In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...
For many, 2025 has felt like a financial pressure cooker. Inflation may be easing, but prices are still high. Borrowing ...
The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only make the ...
Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some ...