#credit-card-debt

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inflation
www.eastbaytimes.com
1 day ago
Business

Overdue bills are rising with US debt delinquencies, Fed survey shows

U.S. household debt reached a record high of $17.7 trillion, with consumers borrowing more due to inflation pressures. [ more ]
time.com
2 months ago
Business

Why Credit Card Debt Is So High Right Now

American economy depends on consumer spending
Increase in credit card debt due to inflation and discontinued financial supports
Federal Reserve's interest rate hikes impact borrowing costs [ more ]
moreinflation
interest-rates
www.npr.org
1 day ago
US news

Americans are struggling to pay off credit card debt; Tiny Desk Contest's 2024 winner

Americans are falling behind on credit card bills, with nearly 1 in 5 maxing out their borrowing, especially affecting young people and low-income communities. [ more ]
www.nytimes.com
2 months ago
Digital life

Looking for a Lower Credit Card Interest Rate? Good Luck.

Smaller banks and credit unions offer lower interest rates on credit cards than larger banks.
Online card comparison tools often prioritize cards from larger banks for financial incentives. [ more ]
www.mercurynews.com
3 months ago
Digital life

Jill On Money: Credit card debt resurfaces

Nearly half of consumers carry a credit card balance from one month to the next, up 10 percentage points from 2021.
The average interest rate for credit card accounts has increased to 21.5% from 14.5% two years ago. [ more ]
www.bostonherald.com
3 months ago
Digital life

Credit card debt weighing on you? Some small steps can pay off

Understand your goals and get motivated.
Explore options to lower interest rates. [ more ]
moreinterest-rates
therealdeal.com
2 weeks ago
LA real estate

FMB's Ilan Kenig Loses Pacific Palisades Home in Foreclosure

Ilan Kenig, CEO of FMB Development, lost his Pacific Palisades home to foreclosure and owes over $500,000 in credit card debt. [ more ]
WFTV
1 month ago
Marketing

Young people are overspending online. How social media and 'buy now, pay later' apps play a big role.

Gen Z influenced by social media leading to increased spending and debt. [ more ]
time.com
2 months ago
Digital life

I Carried $18,000 in Debt and a Lot of Shame. Then I Turned to TikTok

Facing financial struggles can be a deeply personal and challenging issue to discuss openly. [ more ]
www.mercurynews.com
2 months ago
Business

Americans have racked up a trillion dollars in credit card debt. That's actually OK

Consumers have accumulated record credit card debt but are still financially sound due to factors like wage gains and stock market performance.
The recent surge in credit card debt may be misleading as a significant portion of borrowers repay their balances in full each month. [ more ]
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