A strong labor market currently provides households with lots of jobs and rising wages that make it easier to pay off their debt, even as households are borrowing more money, especially on credit ...
Americans are still spending, but elevated credit card debt and pockets of financial stress reveal an increasingly uneven ...
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report. Altogether, consumer debt, including student loans ...
December saw a massive $37.1 billion increase in total credit, where revolving credit — the category that includes credit cards — surged at an annualized pace of 18.5%, after a 16.1% drop in November.
Lenders will see continuing growth in most major consumer credit areas in 2026, on the heels of a strong 2025. Growth will come in the context of the continued normalization of consumer credit demand ...
You're currently following this author! Click to unsubscribe from email alerts. The stock market and consumer spending may be up, but so is household debt. A new report from the Federal Reserve Bank ...
In September 2026, consumer credit remained resilient despite early-stage payment pressure, according to the latest edition of CreditGaugeâ„¢ from VantageScore. Balances were stable, and credit card ...
American Consumer Credit Counseling (ACCC) is a nonprofit agency that offers free credit counseling and low-cost debt management plans to consumers nationwide. ACCC also provides specialized ...
The majority of American consumers now have at least a good credit score or higher. Select unpacks the six major ways that a ...
The Consumer Financial Protection Bureau (CFPB) announced that it finalized a rule to remove all medical debt from credit reports used by lenders. This new rule will impact about 15 million consumers, ...
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