Browsing: Credit Cards

A growing number of Americans with subprime scores opened up new credit card accounts last year despite the high price they had to pay to borrow,…

A growing number of Americans are falling behind on their monthly credit card payments, a trend that may be a harbinger of economic troubles ahead, according…

Americans are dealing with rising prices as they begin their back-to-school shopping, and more are turning to credit cards to make ends meet, a recent survey…

Amid high inflation and rising interest rates, many Americans are becoming increasingly dependent on credit cards, according to a survey by Quicken.  In fact, two in…

More Americans feel optimistic about their finances even as many have had to rely on debt to deal with lingering inflation and rising costs, according to…

Credit card debt soared to a new record in the second quarter of 2023, but consumer credit remains strong and could spell a “smooth landing” for…

Credit card balances increased to $1.03 trillion in the second quarter of 2023, according to the latest report by the Federal Reserve Bank of New York.…

Subprime borrowers that saw their credit scores boosted by pandemic-era stimulus savings are reverting to bad payment behaviors, a recent report said. A combination of federal…

When it comes to personal finances following the pandemic, Americans are divided into two categories – some have emerged with little debt, and others are drowning…

Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report…