Low-income NYC residents are piling up credit card debt
Low-income New Yorkers are increasingly turning to credit card debt to cover necessary expenses due to stagnant wages and rising inflation.
Survey: Half of American cardholders now carry credit card debt, many with no plan to pay it off
Credit card debt in the US is on the rise, influenced by factors like inflation and high interest rates, with 50% of Americans carrying a balance.
Gen Z's growing credit card debt problem, and how to fix it
Gen Z is facing a serious credit card debt problem due to inflation and high interest rates.
If your family brings in $100k per year, this is how much you need saved for retirement by age 40
Inflation has significantly impacted Americans' ability to save, resulting in high credit card debt and hindered retirement savings.
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.
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.
Low-income NYC residents are piling up credit card debt
Low-income New Yorkers are increasingly turning to credit card debt to cover necessary expenses due to stagnant wages and rising inflation.
Survey: Half of American cardholders now carry credit card debt, many with no plan to pay it off
Credit card debt in the US is on the rise, influenced by factors like inflation and high interest rates, with 50% of Americans carrying a balance.
Gen Z's growing credit card debt problem, and how to fix it
Gen Z is facing a serious credit card debt problem due to inflation and high interest rates.
If your family brings in $100k per year, this is how much you need saved for retirement by age 40
Inflation has significantly impacted Americans' ability to save, resulting in high credit card debt and hindered retirement savings.
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.
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.
I Was Nearly $30,000 in Credit Card Debt. There's One Solution I Wish I'd Known About Sooner.
Personal bankruptcy can be a viable solution for those overwhelmed by debt, yet often carries a stigma that discourages individuals from pursuing it.
Master's degree holder earning only $18 an hour refuses to commute for more money, sparking debate
Many people prefer remote work over higher salaries due to lifestyle choices and personal circumstances.
Credit card companies are ripping you off like never before
Overspending and high interest rates can lead to significant credit card debt, as seen in Lana Linge's experience with credit card companies' enticing offers.
5 good habits to keep you out of credit card debt
Many Americans are struggling to keep up with credit card payments, particularly those under 30 and low-income families.
A finance professional who wound up in credit card debt after 'doom spending' explains how she got out of the red and changed her money mindset
Alejandra Rojas transformed her financial struggles into a successful financial education company after overcoming significant credit card debt.
Drowning in credit card debt? These companies can help
Credit card debt is rising in U.S. households, indicating more reliance on credit cards for financial management.
I Was Nearly $30,000 in Credit Card Debt. There's One Solution I Wish I'd Known About Sooner.
Personal bankruptcy can be a viable solution for those overwhelmed by debt, yet often carries a stigma that discourages individuals from pursuing it.
Master's degree holder earning only $18 an hour refuses to commute for more money, sparking debate
Many people prefer remote work over higher salaries due to lifestyle choices and personal circumstances.
Credit card companies are ripping you off like never before
Overspending and high interest rates can lead to significant credit card debt, as seen in Lana Linge's experience with credit card companies' enticing offers.
5 good habits to keep you out of credit card debt
Many Americans are struggling to keep up with credit card payments, particularly those under 30 and low-income families.
A finance professional who wound up in credit card debt after 'doom spending' explains how she got out of the red and changed her money mindset
Alejandra Rojas transformed her financial struggles into a successful financial education company after overcoming significant credit card debt.
Drowning in credit card debt? These companies can help
Credit card debt is rising in U.S. households, indicating more reliance on credit cards for financial management.
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.
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.
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.
Keeping up with the Joneses: What it might be costing Americans
Overspending to keep up with social circles can lead to credit card debt. Setting a budget and cutting back on expenses can help manage debt effectively.
Social media influencers tell you to buy, buy, buy. Stop listening to them.
Americans' credit card debt hit $1.13 trillion due to rising interest rates and compulsive shopping behaviors, fueled by social media influencers promoting materialism.
Credit card delinquencies are rising. Here's what to do if you're at risk | amNewYork
Credit card debt severely overdue rose to 10.7%. Under 35 age group struggling. Seek nonprofit credit counseling for free help and avoid for-profit debt consolidation.
3 steps to take after transferring a balance to a new credit card
Using balance transfer credit cards can temporarily pause high interest charges, providing a window to focus on paying off credit card debt.