Revolving Debt news and trends

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...

What Are the Best Tactics to Improve Credit Scores? 
Consumer Finance // November 02, 2023

Generally speaking, the higher your credit score, the more favorable interest rates and terms you can benefit from when getting a loan.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...