credit card debt

Consumer Borrowing Growth Drops to 5 Year Low
Consumer Borrowing Growth Drops to 5 Year Low
March 08, 2017  |  Debt

The level of U.S. consumer debt logged in January, measured in the amount outstanding, posted its smallest advance in roughly five years, as credit card...

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2016 US Credit Card Debt Topped $1T
2016 US Credit Card Debt Topped $1T
February 17, 2017  |  Consumer Finance

Credit card receivables, otherwise known as outstanding debt, surpassed $1 trillion in the U.S. at the end of 2016, according to a new report from...

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Can Money Management Tools Bring Consumers Back From The Financial Edge?
Can Money Management Tools Bring Consumers Back From The Financial Edge?
February 16, 2017  |  Digital Banking

Are money management solutions able to help consumers avoid financial disaster? For the February Digital Banking Tracker™, PYMNTS interviewed Kevin Kirn, head of product for...

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NEW REPORT: Can Financial Tools Build A More Responsible Bank Customer?
NEW REPORT: Can Financial Tools Build A More Responsible Bank Customer?
February 15, 2017  |  Digital Banking

Companies are rolling out plenty of new banking tools for consumers to manage their money. But even with all the support, will consumers be able...

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Canadian Banks Selling Credit Card ABS In US
Canadian Banks Selling Credit Card ABS In US
December 08, 2016  |  Banking

Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. In a...

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Have Millennials Sworn Off Credit Cards?
Have Millennials Sworn Off Credit Cards?
August 23, 2016  |  Payment Methods

If the latest data from The New York Fed is correct, credit card use has been exploding in the United States of late — a fact that...

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Credit Card Use Among Low Credit Score Shoppers On The Rise
Credit Card Use Among Low Credit Score Shoppers On The Rise
August 10, 2016  |  Financial Inclusion

According to new data from the New York Federal Reserve, credit card debt is enjoying a resurgence even among those with low credit scores. In...

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Mounting Credit Card Debt May Hit $1 Trillion Mark
Mounting Credit Card Debt May Hit $1 Trillion Mark
May 23, 2016  |  Payment Methods

As banks continue to push cards and borrowers become more comfortable with carrying debt, the levels of outstanding credit card balances are on track to...

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Consumers Out Of Loop About Personal Credit
Consumers Out Of Loop About Personal Credit
August 10, 2015  |  News

Online loan marketplace LendingTree’s recent survey shows many credit cardholders in the U.S. are unsure about their financial standing when it comes to their credit...

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