Credit card bills are coming due after a record holiday shopping season

There are a few methods experts say can help borrowers tackle their debt at a time of steep interest rates.

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Americans struggling with credit card debt, record number only making minimum payments

A report from the Philadelphia Federal Reserve shows a record-high number of Americans are only paying the minimum monthly payment on their credit card bills, peaking at nearly 11% of all accounts ...
CBS News - 5d
A record number of consumers are making minimum credit cards payments as delinquencies also rise

The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.
CNBC - 6d
Record number of consumers are making minimum credit cards payments as delinquencies rise

Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.
NBC News - Jan. 22
Does a Strong Holiday Shopping Season Mean a Better Year Ahead?

Consumers spent more than expected over the holidays on clothes and electronics. But the retail economy is still a mixed bag.
The New York Times - Jan. 20
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.

Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.
MarketWatch - Jan. 16
Nordstrom raises sales outlook after holiday season was better than feared

CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."
CNBC - Jan. 11
After leaving the U.S., Richard Gere dives into holiday season in Spain with family

The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.
MarketWatch - Jan. 9
It's Black Monday in pro football, as the bill comes due for coaches of losing NFL teams

The Jacksonville Jaguars fired Super Bowl-winning coach Doug Pederson in what's likely to be multiple "Black Monday" terminations across pro football.
NBC News - Jan. 6
Online Holiday Shopping Got an AI Boost, Says Salesforce

Online sales climbed 4 percent in the year-end buying period, as AI-powered chatbots facilitated sales and returns.
Inc. - Jan. 6

Credit card bills are coming due after a record holiday shopping season

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Related

Americans struggling with credit card debt, record number only making minimum payments

A record number of consumers are making minimum credit cards payments as delinquencies also rise

Record number of consumers are making minimum credit cards payments as delinquencies rise

Does a Strong Holiday Shopping Season Mean a Better Year Ahead?

Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.

Nordstrom raises sales outlook after holiday season was better than feared

After leaving the U.S., Richard Gere dives into holiday season in Spain with family

It's Black Monday in pro football, as the bill comes due for coaches of losing NFL teams

Online Holiday Shopping Got an AI Boost, Says Salesforce

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