Credit card debt hits record $1.17 trillion, New York Fed research shows

Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.

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3 reasons to consider credit card debt forgiveness this December

This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.
CBS News - 23h
Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.
CNBC - 6h
Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...
NBC News - 1h
Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.
CBS News - 23h
World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The New York Times - 3h
Video shows stowaway from New York to Paris removed from plane after causing disruption

Newly released video shows a woman who snuck onto a flight from New York to Paris last week being removed from a returning flight back to the United States after she started screaming.
NBC News - 3h
How can I avoid paying interest on my credit card?

Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.
CBS News - 24m
The Freaks Who Rule New York

From a masked artist to a Broadway pioneer, these are the one-of-a-kind creative forces shaping the culture today.
The New York Times - 3h
Cyber Monday shoppers expected to set new records

Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.
CBS News - 22h
Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.

A gold rush by central banks could help lift prices as high as $2,900 by the end of 2025, Wells Fargo Investment Institute said.
MarketWatch - 23h

Credit card debt hits record $1.17 trillion, New York Fed research shows

Topics

Related

3 reasons to consider credit card debt forgiveness this December

Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks hit credit card users with higher rates in response to regulation that may never arrive

Will credit card interest rates fall this December?

World Bank Warns of Record Debt Costs for Developing Countries

Video shows stowaway from New York to Paris removed from plane after causing disruption

How can I avoid paying interest on my credit card?

The Freaks Who Rule New York

Cyber Monday shoppers expected to set new records

Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.

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