Surging inflation and rising costs have forced many consumers deeper into credit card debt. According to TransUnion, the ...
The average U.S. FICO® Score is 715, according to credit monitoring bureau Experian, where it's remained since 2023. FICO is ...
Lewiston, Maine, has the lowest amount of credit card debt per household at $9,500. The second lowest is Toledo, Ohio, at ...
US CREDIT CARD DEFAULTS SOAR TO HIGHEST LEVEL IN 14 YEARS The top drivers of credit card debt included everyday expenses like food, housing, utilities, vehicle costs and healthcare. Half of ...
Interpreting patterns in consumers' credit card usage means understanding credit cards as two different products in one, according to West Virginia University economics research.
Following the trend of the US, Indian credit card holders can also be cautious, use their credit carefully, and guard themselves from an endless debt trap. Consumer expenditure rises when ...
including credit card debt. “We’re seeing this huge jump in the number of millennials that are coming to us,” said Kate Bulger, vice president of business development at MMI.
According to AARP data, 52% of adults ages 50 to 64 have credit card debt, along with 42% of those ages 65 to 74. The survey covered 4,846 older adults who reported carrying credit card debt.
However, U.S. consumers still carry a lot of credit card debt, and given the interest rates associated with credit cards, this can be extremely detrimental to their financial health. So ...