Tag: Credit Card Debt

Over two-thirds of U.S. retirees had outstanding credit card debt this year, marking a substantial increase from previous years, according ...

Every year, the top U.S. banks undergo thorough stress tests of their lending portfolios to identify potential risks under stressful ...

The Federal Reserve Bank of New York released its Q2 2024 consumer debt report, revealing a $111 billion increase in ...

The amount of credit card debt U.S. consumers have accrued is now $1.3 trillion and rising, but some states have ...

Consumer credit card spending came to a halt in March, surprising experts who had expected a steady increase. The total ...

As households become eligible for Medicaid, they also tend to increase their usage of credit cards. In a paper titled ...

Despite challenges such as inflation and escalating consumer credit card debt, retail sales increased 0.6% in December from November’s 0.3% ...

With new data standard formats taking hold (ISO 20022) and customers increasingly expecting real-time payments, this is a critical time ...

U.S. consumers with lower credit scores and greater unfulfilled credit needs make up a significantly disproportionate share of buy now, ...