credit card debt

Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
November 16, 2020  |  Retail

Here’s the scenario. Consumers have cut back on travel, in-person entertainment and restaurant spend. They have paid down their credit cards. Then they will use...

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Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

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Synchrony CEO Warns Of US Credit Card Default Crisis
Synchrony CEO Warns Of US Credit Card Default Crisis
July 27, 2020  |  Debt

Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits...

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Senior Debt Has Spiked 543 Pct Over The Last Two Decades
Senior Debt Has Spiked 543 Pct Over The Last Two Decades
February 27, 2020  |  Debt

Stories about Americans’ increasing debt load have become something of a recurring theme in financial reporting. About two weeks ago, U.S. credit card debt hit an all-time...

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Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

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In Search Of Consumer Spending’s New Normal
In Search Of Consumer Spending’s New Normal
February 05, 2020  |  Payment Methods

If pre-season estimates were correct, this holiday season was worth $1 trillion in the United States alone. And even if it doesn’t quite make it over...

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Plaid Adds Credit Card Data To Liabilities Product
Plaid Adds Credit Card Data To Liabilities Product
September 18, 2019  |  Consumer Finance

Plaid said today (Sept. 18) that it is releasing new developer tools to combat credit card debt. The company launched its new Liabilities product in...

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Unpaid Student Loans And Credit Card Debt Mount In US
Unpaid Student Loans And Credit Card Debt Mount In US
August 15, 2019  |  Debt

An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). The...

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Building New Digital Experiences
Building New Digital Experiences
June 20, 2019  |  Today In Data

Mobile can help build new loyalty offerings, while responses help build Facebook’s new plans for digital payments. Balance transfers could lead to better consumer savings...

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