Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...
Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Revolving credit accounted for $19.1 billion of...
As the impact of rising prices on bill payments becomes more pronounced, U.S. consumers are increasingly relying on credit cards to manage their finances. Cardholders...
Individuals and households are paying down at least some of their debt — bringing the “headline” consumer credit number down a bit. But the devil’s...
Consumer credit grew at a seasonally adjusted annual rate of 4.3% in June. Revolving credit decreased at an annual rate of 0.6% during the month,...
Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Revolving credit increased at an annual rate of 13.1% during the month, while...
Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a...
We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....
When Visa Installments was launched in Australia last week with ANZ bank and Quest Payment Systems, it was seen as a sign that large global...