Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.
Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.
A $20,000 credit card debt may be more common than you think — but that doesn't make it any less urgent.
CHICOPEE, Mass. (WWLP) – Credit card debt in the United States has reached a record high of $1.28 trillion. The Federal ...
Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...
Palo Alto, California, Nov. 24, 2025 (GLOBE NEWSWIRE) -- American homeowners are planning to spend more this holiday season even as their credit card balances reach record highs, according to a new ...
Carrying $15,000 in credit card debt? A 21-month 0% intro APR card could help you avoid $4,000+ in interest and pay it down faster.
You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...
Credit card debt is often the most costly type of debt Americans can take on, largely due to the incredibly high interest rates many cards carry. On top of credit card debt being at a record high, the ...
Canadian credit card debt has surged to an unprecedented all-time high. A perfect storm of rising living costs and elevated interest rates is pushing millions toward their limits. This growing ...