Why are credit card interest rates still so high right now?
Credit card debt is a growing issue nationwide — with the total amount of card debt in the U.S. recently surpassing $1.14 trillion, a record high. While there are numerous factors driving the trend, inflation has been one of the more impactful.
More young people are falling behind on their credit card and vehicle payments
Netspend analyzed Federal Reserve Bank of New York data to illustrate how different generations handle debt payments amid higher prices and interest rates.
Americans Held Less Credit Card Debt In August—That’s Not Necessarily A Good Sign
Key Takeaways Revolving debt, which is mostly credit cards, fell by $1.4 billion in August, the largest decrease since 2021. That figure typically increases each month.Falling credit card debt could mean people are cutting back their spending or cannot get credit rather than voluntarily paying down debts.
Will credit card debt forgiveness cover my $20,000 debt?
Credit card debt can be a hefty financial burden — and it's one that millions of Americans are carrying right now. During the second quarter of this year, the total amount of credit card debt nationwide was $1.
The 4 Biggest Mistakes You Can Make When Paying Off Credit Card Debt
Credit card debt can be an expensive problem to have. Watch out for these mistakes that could keep you in debt even longer and cost you more money.
Carrying a Credit-Card Balance Has Gotten Way More Expensive
Americans can’t remember a time when it cost as much to carry a credit-card balance. Banks have been raising interest rates ...
U.S. credit-card debt declines for second time in past three months, signaling plateau in borrowing
Consumer credit rose $8.9 billion in August, after surging a revised $26.6 billion in July, the Federal Reserve said Monday.
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4 Reasons Your Credit Card Could Get Declined -- and How to Fix Them
You also can't spend more than your card's credit limit. Does anyone else get weirdly embarrassed when their credit ...
The best credit card combos: Maximize rewards and cash back for every dollar you spend
Capital One’s best cash-back card is the Capital One Savor Cash Rewards Credit Card — which earns 10% cash back on purchases ...
This Week In Credit Card News: Hurricane Aftermath Causes Payment Problems In Affected Areas
After Hurricane Helene devastated much of the southeastern U.S., survivors of the wreckage wrought by the storm are grappling ...
Amazon Prime Big Deal Days: Save more with a Prime Visa credit card and a $150 gift card
With a $150 gift card upon approval and major savings on Amazon spending, the Prime Visa can help you unlock even more deals ...
Thinking of Canceling Your Oldest Credit Card? You Might Regret That
Before you cancel an old credit card, make sure you know how it will impact your credit score and what you can do instead.
Discover credit card benefits guide 2024
Learn about the exclusive benefits of Discover credit cards, including cash back rewards, no annual fees and additional perks ...
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Imagine Visa Credit Card Review: A Pricey Way to Build Credit
The Imagine Visa is an unsecured credit-building card with cash-back rewards, but the fees and interest rates are high.
What does it mean when your credit card application is pending?
If your application is 'pending,' it means the lender needs extra time to review it, which could take a few days to weeks.
What credit card should travellers use? These have the best perks
Do you want your card to include travel insurance, for low-fee ATM withdrawals or to generate maximum points? There is no one ...