Data released from the Federal Reserve this week showed that credit-card debt topped $1 trillion, which comes at a time when pandemic-era savings are being depleted and with inflation still running ...

Americans' c redit card debt is at an all-time high. Soaring interest rates on credit cards coupled with other economic factors could make the situation worse. In March, Representatives Alexandria ...

Credit card balances are climbing at a pace that is starting to look less like a blip and more like a structural shift in how ...

Experts attributed the trend to factors like people not spending within their means, as well as easier access to credit like “buy now, pay later” services.

Every time Ayelet publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...

The American economy owes its status as the world’s largest to consumer spending. As we put a growing amount of what we buy onto credit cards, financial experts worry that the bill is about to come ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

In a mid-August survey from U.S. News & World Report of undergraduate students, over four in 10 say they currently have credit card debt. Having a student credit card in college can be an excellent ...