While credit card interest rates may drop this year, many Americans still face growing credit card balances. The total credit card debt in the U.S. reached $1.08 trillion in 2023, a Federal ...

Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans’ record-high consumer debt. During the ...

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping." ...

New data published by the Federal Reserve Bank of Philadelphia shows that credit card delinquency rates in the first quarter of 2024 rose to the highest level since 2012, when the Fed began ...

Credit card delinquency rates hit worst level since 2012 in new Fed data Credit card delinquencies were worst on record in Fed data dating back to 2012 ...

Simply sign up to the US economy myFT Digest -- delivered directly to your inbox. Defaults on US credit card loans have hit the highest level since the wake of the 2008 financial crisis, in a sign ...

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping." ...

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.

During the first nine months of 2024, lenders wrote off more than $46 billion in seriously delinquent credit card loans, according to a report.