credit card debt

Millennials May Never Financially Recover From The Great Recession

Millennials May Never Financially Recover From The Great Recession
Millennials May Never Financially Recover From The Great Recession
May 23, 2018  |  Debt

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Get the...

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American Consumer Debt To Hit $4 Trillion By EOY
American Consumer Debt To Hit $4 Trillion By EOY
May 11, 2018  |  Debt

New data shows that Americans are on pace to accumulate a collective $4 trillion in consumer debt by the end of 2018. Get the Full...

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Mobile Savings App Digit Gets Into Credit Card Debt Payments
Mobile Savings App Digit Gets Into Credit Card Debt Payments
April 25, 2018  |  Mobile

Digit, the developer of an automatic mobile savings app, has launched a new feature enabling its users to pay down credit card debt directly from...

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Big Four U.S. Banks Hit With $12.5B In Credit Card Losses
Big Four U.S. Banks Hit With $12.5B In Credit Card Losses
January 22, 2018  |  Debt

When it comes to credit card debt, American consumers aren’t the only ones who are suffering. New results show that the big four U.S. retail...

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Consumer Credit Hit Record $27.95B In November
Consumer Credit Hit Record $27.95B In November
January 09, 2018  |  Consumer Finance

New data from the Federal Reserve shows that outstanding consumer credit rose by $27.95 billion in November from the previous month, the largest increase in...

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CFPB Releases Its Consumer Credit Report Card
CFPB Releases Its Consumer Credit Report Card
December 28, 2017  |  CFPB

December 2017 is something of an anniversary for Americans – though one they probably don’t like to celebrate. Get the Full Story Complete the form...

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American Express Adapts To Woo Budget-Mindful Consumers
American Express Adapts To Woo Budget-Mindful Consumers
August 30, 2017  |  Consumer Finance

American Express is rolling out new features designed to attract young, budget-conscious consumers into taking on credit card debt. Get the Full Story Complete the...

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Consumer Credit: Privilege Or Entitlement?
Consumer Credit: Privilege Or Entitlement?
August 25, 2017  |  Debt

There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According...

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US Consumer Debt — Ten Years Later
US Consumer Debt — Ten Years Later
August 18, 2017  |  Debt

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And...

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