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Credit card debt hits new all-time high
Retirees' Credit Card Debt Levels Are Climbing
A Employee Benefit Research Institute survey found that more than two-thirds of retirees had outstanding credit card debt, up from 40% in 2022.
Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
U.S. credit card debt trending to $1.16 trillion
Americans have been doing a lot of swiping and tapping, racking up debt on their credit cards. A new report by the New York Federal Reserve finds that consumers owe a record $1.1 trillion on their credit cards.
Credit card debt hits new all-time high, but it’s not all bad news
Americans continue to rack up credit card debt, but new data shows they’re doing a better job paying on time. Total credit card debt rose to a record $1.17 trillion in the third quarter, according to the New York Federal Reserve.
New report finds Americans owe more than a trillion dollars on credit cards
Credit card debt is on the rise in the U.S., but new data shows that consumers are doing a better job of paying off those bills on time.
22h
on MSN
President Joe Biden has forgiven over $166 billion in student debt—see how much in each state
Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 ...
20h
on MSN
People's incomes are catching up with their debt
Credit card balances are up, but so are many borrowers’ paychecks.U.S. consumers collectively owe an eye-popping $1.17 ...
1d
5 Essential Strategies For Debt-Free Living
Starting your debt-free journey generally begins with simple steps such as sticking to a budget and gradually working towards ...
21h
on MSN
Harris Campaign, Democratic Party Ended Election With No Debt
Vice President Kamala Harris’ campaign and the Democratic National Committee spent close to $1.5 billion in their ...
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2d
Household debt is up, but Americans are in a better spot to pay it
Household
debt
in the U.S. ticked up slightly in the third quarter of 2024, reaching nearly $18 trillion, according to data ...
2d
Red sweep may speed US debt ceiling deal, stoke long-term bond worries
A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling ...
2d
on MSN
Americans’ debt is growing — but so are incomes
Americans are continuing to pile on debt at record levels — but for many households, those IOUs are completely manageable, ...
2d
Nearly half of Americans say debt is affecting their health: Study
The study also found that Americans are struggling to keep up. A majority of Americans (58%) admitted they are struggling to ...
2d
on MSN
Student Loan Debt Relief Has Been A 'Lifeline' For Borrowers, Survey Says
After the COVID-19 payment pause ended, federal student loan borrowers were pushed into payments, and a recent survey found ...
3d
on MSN
With Trump's win, student debt relief is in question. Here's what to know.
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe." ...
1d
on MSN
Couple has $3 million in assets, but $40,000 in credit card debt due to 'sloppy' financial management, says money expert
Despite a high salary, Jason and Megan have racked up $40,000 in credit card debt. Ramit Sethi shares advice to get them back ...
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