Consumers were not shy about loading up on the cards in May. The latest data from the Federal Reserve, released Monday (July 8), show that...
As consumers look for ways to make ends meet, many of those who do not have a financial safety net are forced to carry their...
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...