Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be ...
Consumer payment methods have evolved significantly in recent years, influenced by technological advancements, economic ... during the pandemic has been the increased use of debit cards and ...
One of the most striking trends from the third-quarter data is the rise in the share of active credit card holders making ...
If you're worried that the economic uncertainty ... Some major credit card issuers are helping consumers claiming financial hardship from the coronavirus pandemic by increasing their credit ...
Despite broader economic data showing ... rate of 1.57% at the pandemic low from April through June 2021, the Philadelphia Fed said. It's not easy to erase credit card debt, as some Americans ...