The total credit card debt nationwide hit a record $1.14 trillion in the second quarter of 2024, according to the report — up by about $27 billion compared to just one year ago. That represents ...
Average interest rates on retail credit cards hit a record high of 30.45%, according to new Bankrate study. Bankrate senior ...
Americans' credit card debt reached a new high this summer, according to a new report from the New York Federal Reserve released Tuesday. Credit card balances rose by $45 billion in the second ...
The increase puts Americans' credit card debt at a record $1.14 trillion. And it's not just the high amount that Americans collectively owe; it's also getting harder for consumers to pay their ...
About 9.1% of credit-card balances transitioned into delinquency over the last year, according to data released Tuesday by the New York Federal Reserve Bank. The level of newly delinquent debt ...
Debt forgiveness can be a smart solution for your high-rate card debt, but it can also impact your credit score.
(InvestigateTV) — Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. That is an increase of 48% from 2021 and up 11% from August 2023. Ted Rossman with ...