credit card debt

US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
November 08, 2023  |  Debt

Americans now owe $1.08 trillion in credit card debt, a trend being led by millennial consumers. Get the Full Story Complete the form to unlock...

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Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
October 24, 2023  |  Debt

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
October 18, 2023  |  Buy Now Pay Later

The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. Get the Full...

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High-Debt Consumers Average 14 Late Payments Every Year
High-Debt Consumers Average 14 Late Payments Every Year
October 06, 2023  |  Debt

The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...

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New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
September 26, 2023  |  Economy

The Federal Reserve indicated last week that higher interest rates will likely stick around. Get the Full Story Complete the form to unlock this article and enjoy...

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Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
September 24, 2023  |  Consumer Finance

Credit card companies are seeing losses rise at the fastest rate since the Great Recession. Get the Full Story Complete the form to unlock this...

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Confidence Dips as Inflation Weighs on Consumers’ Minds
Confidence Dips as Inflation Weighs on Consumers’ Minds
August 29, 2023  |  Economy

Inflation is top of mind for consumers, and is contributing to a muted outlook of where things stand — and where we are headed. Get...

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The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
August 15, 2023  |  Consumer Finance

That having children is costly may not be surprising — but the extent to which parents with children depend on credit cards is. Proprietary research...

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Bank Loan Losses Hit Three-Year High at $19 Billion
Bank Loan Losses Hit Three-Year High at $19 Billion
August 09, 2023  |  Banking

American banks reported nearly $19 billion in loan losses during the second quarter. Get the Full Story Complete the form to unlock this article and...

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