Late credit card payments reached record highs at the end of last year, according to data from the Federal Reserve Bank of Philadelphia. The percentage of credit card accounts getting just the ...

It’s also important to keep a log ... credit later, says Milz. Because if the account is reported to the credit bureaus, correcting that record can be much more difficult than rectifying a card ...

But these highs, coupled with collective credit card debt hitting a record $1.21 trillion, "indicate greater consumer stress," according to the report. These are just the latest indicators that ...

U.S. credit card defaults jumped to a record $46 billion from January through September 2024, according to data analyzed by BankRegData. With high levels of credit card debt and high inflation ...

More people are making only minimum payments and falling behind on their credit-card bills A record-breaking share of credit-card customers were paying only their minimum monthly bill at the end ...

Fees for Visa and Mastercard credit cards, which make up more than 80% of the credit card market, generated the majority of last year's swipe fees at $111.2 billion, up from $100 billion the ...

"No one should be surprised that credit card debt hit another record high," said Matt Schulz, chief credit analyst at LendingTree and the author of "Ask Questions, Save Money, Make More." ...

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card ...