Money Talks News on MSN
Average credit card debt hits $7,321 as financial experts warn about the 30% threshold
Nearly half of all credit card users carried debt for at least one month in the last year.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did in 2023. The total amount of consumer credit card debt in the U.S. grew 8.6 ...
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 ...
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
Money Talks News on MSN
American retirees carry $7,484 in credit card debt even though income and expenses are predictable. Here's why that's a problem.
Still paying on your credit card out of habit? Think twice before you do it again.
In a population that prides itself on physical fitness, Colorado residents are financially obese, carrying around the ...
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