Experts say slower debt growth and lower rates could give consumers new opportunities to pay down balances and save money.

Although Americans are racking up more credit card debt, there are signs households are managing their debt better than they ...

Credit card bills are increasing nearly everywhere in the U.S., as the average credit card balance approached $6,700 among all U.S. consumers in the second quarter of 2024. But in some locales, a ...

Even when you never miss a payment, carrying unpaid credit card balances month after month can reduce how much home loan a ...

Overwhelmed with large credit card balances? You’re not alone! Americans have a record high credit card debt of $6,360 each, on average. And soaring interest rates of more than 24% can make it feel ...

Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over ...

(TNND) — Credit card balances fell by $29 billion, or about 2%, last quarter, according to the New York Fed's report on household debt that was released Tuesday. Credit card balances for Americans now ...

Consumer spending habits are an important measure of economic activity, but these trends are not necessarily in lockstep nationwide. One way to observe where consumers are spending more than they did ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

Experts attributed the trend to factors like people not spending within their means, as well as easier access to credit like “buy now, pay later” services.

Erin is a personal finance expert and journalist who has been writing online for nearly a decade. Her passion for teaching others about personal finance came from her own experience of learning to ...