And total household debt now exceeds $18 trillion.

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The total amount of credit card debt has ballooned to $1.2 trillion in Q4 of 2024 up from $720 billion in the same quarter of 2004, per the Federal Reserve Bank of New York. More people are ...

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Americans held a record $1.21 trillion in credit card debt, according to the Federal Reserve Bank of New York. Interest rates on credit cards are higher than nearly any other form of debt ...

A new report from Wallethub found that some states appear to be more financially literate than others, with Minnesota ranking the highest and Arkansas last. Minnesota's financial education is ...

The unemployment rate, meanwhile, was steady at 4.1%, but the strong rise in employment saw the participation rate rise by 0.1% to a record high of ... t seen credit card debt grow, which is ...

as the global public debt ratio jumped to a record 99 percent of GDP. Private debt from non-financial corporations and households also reached new highs. Debt increases are particularly striking ...

It’s a frightening reality about the state of American consumer debt that at the ... to transfer balances to a credit card with a current 0% interest offer. Many new cards will offer 0% for ...

Credit cards are financial instruments that offer flexibility, convenience and seamless digital payments. However, relying too heavily on paying only the minimum amount due can lead to a dangerous ...