Collectively, Americans owe $1.12 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Although total balances fell in the first few months of 2024 ...

As rates of severe delinquencies rise, the youngest borrowers are having the hardest time keeping up iwth payments as ...

NEW YORK (AP) — Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The share of credit card debt ...

American Express's rise in shares has been partially driven by a boost in Gen Z and Millennial card acquisition--a telling ...

The report assumes significance as the Reserve Bank of India has been contemplating on setting up a fraud registry to check rising incidents of fraud in the banking sector.(AP) Fraudulent credit ...

Average credit card debt in America is $7,951, based on 2022 data from the Federal Reserve and the U.S. Census Bureau. Credit card debt varies due to age/income/other factors, but only makes up a ...

The growth of unsecured credit in India, including personal loans and credit card outstanding, slowed to 18% in April from 23 ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. With so many credit cards on the market, it can be hard to choose the best one. There's no one-size ...

Harlan Vaughn brings over a decade of experience as a lead editor on the credit cards and travel rewards team at Forbes Advisor. With a deep understanding of the credit card industry, his passion ...

A balance transfer credit card can be an excellent tool for saving money on interest charges and taking control of your credit card debt. But before applying, consider how long the promotional ...

The Biden administration has recently unveiled a rule aimed at capping credit card late fees, marking a substantial effort to ...

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