Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.
A note about this year's data We’ve introduced a new source for revolving credit card debt this year — the Federal Reserve Bank of St. Louis’ data on large bank consumer credit card ...
A new report shows more Americans are under the stress of rising credit card balances. At the start of this year, Americans’ ...
The average credit card interest rate is 28.60%, according to Forbes Advisor’s weekly credit card rates report. The Federal Reserve keeps ... credit score to your debt-to-income ratio and ...
The Federal Reserve Board cut interest rates by half ... If you have high-interest credit card debt, don't be tempted to only make your minimum payments. With debt top-of mind, it's an appropriate ...
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
During a virtual address to the World Economic Forum, President Donald Trump called on the Federal Reserve to lower interest ...
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data. Ramsey Solutions personality Jade ...
Credit card debt is a growing financial burden for millions of Americans. U.S. consumers hold $1.17 trillion in credit card balances, according to the New York Federal Reserve Bank's November ...
When the Federal Reserve speaks ... advice for anyone who’s carrying a credit card balance. “Cardholders need to be aggressive about paying down the debt,” he says.