Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications including ...
Average cardholder balances rose again in the first quarter, and interest costs are compounding fast.
US consumer credit fell $182M in May, missing expectations by over $17B. Revolving credit dropped 4.7% annualized as ...
A recent Federal Reserve report found that Americans now hold over $1.2 trillion in credit card debt.
US revolving credit fell $5.3B in May 2026, the first consumer credit decline since 2024. Here's what it means for spending, ...
For many people, credit cards are a part of everyday life. There’s a good chance you’ve got a card or two in your wallet and ...
Americans are carrying more credit card debt than ever before, a total of about $1 trillion. The Federal Reserve officially clocks the total at $986 billion, while a separate analysis from WalletHub ...
Data from the Federal Reserve shows that outstanding loans reached $1.02 trillion the largest credit-card debt ever recorded in the US. However, the US consumer appears ready to spend even more as ...
For the first time, credit card debt balances surpassed the $1 trillion mark, the New York Federal Reserve Bank reported this week. Americans borrowed more than ever on credit the last quarter, as ...
One of the most alarming financial trends in recent years is the rapid growth of credit card debt. This increase reflects a combination of higher living costs, greater reliance on credit, and rising ...
Seven California cities landed on list of the top 10 with the most credit-card debt in the US, as Americans grapple with record household debt and rising delinquencies nationwide.
Just paid off $5,000 in credit card debt? Learn whether to close your old card, how long your score takes to update, and what ...