Credit card industry figures show that consumers are feeling financially stressed. getty. Consumer Stress Is On The Rise ...

The rate of total borrowers in Acadiana with several delinquent credit card debt reached 14.7% at the end of 2023.

The impact of the Fed's combined 1% rate reduction over the last several months is already filtering through the banking ...

The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, ...

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...

As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market ...

Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.

The Philadelphia Federal Reserve's Q3 2024 Insights Report has revealed that 10.75 percent of creditors were only making their mandatory payments in the third quarter of 2024. It also noted ...

There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...

Americans are not OK financially, according to the Philadelphia Federal Reserve. Despite broader economic data showing that consumers remain resilient and spending is strong, this data paints a ...

In the third quarter of 2024, 10.75% of active credit card accounts paid only the minimum balance, the highest rate in 12 years, the Philadelphia Federal Reserve Bank reported. The trend reflects ...