Study: More Than One-Third of Millennials Carry Multiple Debts
More than one-third of Millennials carry significant student loan, mortgage, credit card and some other type of miscellaneous debt.
Loyalty and Rewards in the Digital Age
One of the key weapons in banks’ arsenal as they fight for new customers is a robust rewards card offering.
U.S. Unsecured Credit: The Next Bubble to Burst?
While the current housing debt remains relatively flat to the prerecession numbers, the nonhousing debt has grown 31 percent in the last 10 years. The larger concern is that two-thirds of that debt, or $2.21 trillion, is unsecured. Another crisis potentially looms with no collateral to assist in a recovery.
Study: Americans Have More than $1T in Credit Card Debt
U.S. Consumers now owe more than $1 trillion in credit card debt for the first time ever, adding over $92 billion in 2017, according to Wallethub’s latest credit card debt study.
Many MA Communities Have Sustainable Credit Card Debt
A number of communities in Massachusetts are in good shape when it comes to managing credit card debt.
WalletHub: Expected Rate Hike Could Not Come At Worse Time
The Federal Open Market Committee’s expected rate hike this week, which would likely bring the short-term benchmark rate to a range of 1.25 to 1.5 percent, could not come at a worse time, according to a recent WalletHub study.
US Consumers On Pace For $1 Trillion In Credit Card Debt
U.S. consumers are on pace to hold more than $1 trillion in credit card debt by the end of 2017, according to a recent WalletHub study.
Americans Back To Pre-Recession Habits In WalletHub Credit Card Survey
American consumers are on track to finish the year out with a record $80 billion in credit card debt, the personal finance site WalletHub said recently.
ABA Report: New Credit Cards Hit Post-Recession Highs, But Consumers Diligent With Debt
The number of new credit card accounts and monthly purchase volumes continued to expand this year, according to the American Bankers Association’s latest Credit Card Market Monitor.
CardHub Study: Americans Racked Up $32B In Credit Card Debt In Q2
Although American consumers paid down nearly $35...
