Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...
Revolving credit card debt continues to climb as nearly half of Americans say “it’s normal,” finds NerdWallet’s annual household debt survey and analysis. Many or all of the products on this page are ...
The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...
American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final quarter. Data from the Federal Reserve Bank of New York shows credit card debt ...
Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...