Credit card balances that never seem to shrink are usually a math problem, not a moral failing. When interest rates on ...

Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...

According to the J.D. Power 2025 U.S. Credit Card Satisfaction Study, 53% of cardholders are currently carrying revolving debt, and 56% are classified as financially unhealthy. While these percentages ...

In a tough economy, a revolving line of credit can offer handy flexibility when unforeseen expenses pop up. But it's n ...

After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...

A Tale of Two Types of Credit Card Customers: Financially Healthy Cardholders Drive Gains in Satisfaction While Financially Challenged Cardholders Struggle, J.D. Power Finds More than Half of U.S.

Debt is as American as apple pie: The average household has $127,977 in debt. For households that carry credit card debt, it costs them about $1,300 a year in interest. It's time to take action. Many ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

TORONTO--(BUSINESS WIRE)--Persistently high incidence of revolving debt and deteriorating financial health 1 have started to affect the way credit cardholders in Canada use their cards. According to ...

You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s Business School and the Federal Reserve Board suggests that a largely unseen ...