credit card debt

Smart Credit Card Use Turns Debt Burdens Into Financial Flywheels

Smart Credit Card Use Turns Debt Burdens Into Financial Flywheels
Smart Credit Card Use Turns Debt Burdens Into Financial Flywheels
December 28, 2023  |  Consumer Finance

The holidays can be a stressful time financially for many consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amex and Bank of America Report Rising Card Delinquencies
Amex and Bank of America Report Rising Card Delinquencies
December 17, 2023  |  Credit Cards

Both American Express and Bank of America saw credit card delinquencies climb last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
November 08, 2023  |  Debt

Americans now owe $1.08 trillion in credit card debt, a trend being led by millennial consumers. Get the Full Story Complete the form to unlock...

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Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
October 24, 2023  |  Debt

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
October 18, 2023  |  BNPL

The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. Get the Full...

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High-Debt Consumers Average 14 Late Payments Every Year
High-Debt Consumers Average 14 Late Payments Every Year
October 06, 2023  |  Debt

The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...

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New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
September 26, 2023  |  Economy

The Federal Reserve indicated last week that higher interest rates will likely stick around. Get the Full Story Complete the form to unlock this article and enjoy...

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