Credit Card Debt Still At Record Levels

This Week In Credit Card News: Credit Card Debt Still At Record Levels
Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of 2024, growing from $770 billion in the first quarter of 2021 and the share of active credit card holders making just minimum payments rose to 10.75%, the highest percentage ever in data going back to 2012. [ The Guardian]
Avoid this ‘big mistake' if you want to get the most out of your credit card rewards
Everyone loves credit card rewards. But sinking into debt to maximize your rewards is one of a few losing strategies experts see from consumers.
How this 30-year-old veteran paid off more than $20,000 in credit card debt in one year
Ericka Smith ended her marriage in 2024 with several credit cards and $25,000 in card debt. “We didn’t really talk to each other about money,” the 30-year-old Navy veteran and Washington state resident said. “It was just kind of like, she wanted it, or I wanted it, and we just did it.”
Credit card debt hits a new record high: 3 ways to tackle yours now
Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.
Credit card debt hit $1.21 trillion. Here's why 'no one should be surprised,' expert says.
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.
Americans' credit card debt reaches new record high: New York Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.
Credit-card debt hit record $1.21 trillion after unusual holiday unptick in 2024
Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit cards reached $1.21 trillion i
RFK Jr. Reports $1.2M Credit Card Balance. How Much Credit Card Debt Is OK?
Kennedy Jr. recently reported owing $610,000 to $1.2 million in credit card debt. Most Americans need to keep a tighter grip ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...
24/7 Wall St. on MSN4d
I have 4 million credit card points on my credit card - what should I use them on?
File today’s Reddit discussion under the rubric “nice problems to have.” Our caller this morning, let’s call her “Jan”, put ...
‘Warning signs are flashing’: As problem gambling rises, revenue-focused regulators resist Maryland reforms
Records show a state Lottery and Gaming Control Agency so intent on maximizing state revenue that it has closely aligned ...
Hannaford says delayed credit card charges are unrelated to cyber issue
Maine's largest supermarket chain suddenly charged a South Portland man for a purchase he made 2 months earlier.
Forbes3d
9 Best Credit Cards For Bad Credit Of February 2025
She's been writing about credit cards and reward travel since 2011 with articles on Forbes Advisor, BoardingArea, The Points Guy and more. Her redemptio... Jerod Morales is a deputy editor at ...
Mastercard's plan to get rid of credit card numbers comes with both benefits and risks
Credit card fraud costs Australians hundreds of millions of dollars each year, but getting rid of card numbers can only do so ...
globes.co.il1d
Cyberattack again disrupts Israel's credit card payments
As far as "Globes" can ascertain, this was a "denial of service attack" (DDOS), in which many remote servers try to access ...