Revolving Debt news and trends

Consumers Took on More Debt in March, Reversing Previous Paydowns
Consumer Finance // May 07, 2025

It looks like the paydowns on debt, for most U.S. households, were just a temporary lull. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Fed Data Shows Credit Unions Making Gains With Cardholders and Non-Revolving Debt
Credit Unions // October 09, 2024

Spending on the cards may be slowing, non-revolving debt is still rising, and credit unions — as shown by the Federal Reserve’s latest data on consumer trends — are seeing account balances swell a bit. Get the Full Story Complete the form to unlock this...

Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
Economy // September 10, 2024

The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Consumer Finance // September 09, 2024

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this backdrop. Get the Full Story Complete the form to unlock this article and...