Credit card balances that never seem to shrink are usually a math problem, not a moral failing. When interest rates on ...
The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...
MEMPHIS, Tenn. - More than half of credit card holders are carrying revolving debt, according to a new study. The J.D. Power 2025 U.S. Credit Card Satisfaction Study found 56% of cardholders are ...
In a tough economy, a revolving line of credit can offer handy flexibility when unforeseen expenses pop up. But it's n ...
According to the J.D. Power 2025 U.S. Credit Card Satisfaction Study, 53% of cardholders are currently carrying revolving debt, and 56% are classified as financially unhealthy. While these percentages ...
If you’re feeling like your debt is mysteriously increasing, don’t blame it on your spending habits just yet. It turns out your bank might be quietly digging you a deeper hole. According to new ...
Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...