Consumer credit in the USA saw a significant decline, with the actual change at $360 million compared to the previous $18.05 billion, marking a ...

Credit card issuers rely on consumer spending to pad their revenue figures. The stark change in recent use of revolving ...

Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said Friday. In percentage terms, it is the biggest gain since June 2022.

Mortgage debt is the primary driver behind rising credit balances Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of CreditGauge ...

There’s been a big uptick in consumer debt this spring. The Federal Reserve reports that consumer credit in April rose by nearly $18 billion, or 4.3% on an annualized basis. That was a lot more than ...

CHICAGO (WLS) -- Here's a quick tip about a tool, which could help tackle high-interest rate credit card debt. According to consumer experts, home equity could help. Credit card interest rates average ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

Despite rising inflation and elevated interest rates, Americans are still using their credit cards. A Boston Federal Reserve Bank study suggests that this consumer spending resilience has less to do w ...

U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...

Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer. The Biden administration is finalizing a rule Tuesday that will end the inclusion of ...

SAN FRANCISCO--(BUSINESS WIRE)--Highnote, a leader in modern card platform management, announced the launch of a new consumer credit card program with Fasten Rewards. Leveraging Highnote’s ...