Will Revolving Debt Increase in 2025?
Americans are carrying more revolving debt than ever, and 2025 could push those numbers even higher. Credit card balances have ...
Tag: Debt
Discover the latest news and trends in debt management. PaymentsJournal provides expert analysis and updates to help you navigate financial challenges and opportunities in the debt sector.
Young Americans Willing to Incur Debt for Travel Experiences
With Americans continuing to leave vacation days on the table—especially younger demographics—there’s a rising determination to travel, even if it ...
Delinquencies Continue to Trouble Credit Card Industry
The rise in credit card delinquencies experienced in 2023 could extend into this year, with a particular threat to smaller ...
Consumers Feel More Optimistic About Their Financial Outlook
Compared to a year prior, consumers are feeling more confident about their financial outlook, according to recent data from the ...
2023 Ends on a High Note for Credit Cards, but Expect High Risk in 2024
For credit card issuers, 2023 ends with a boom. The trick will be to ensure 2024 does not end with ...
Despite Economic Squeeze, Consumers Are Leaning on Credit this Holiday Season
With the holidays just days away, consumers are turning to credit to support their spending. Unlike other forms of payment, ...
Credit Card Revolving Debt Balances Rise Again
While the onset of the COVID-19 pandemic initially disrupted various aspects of our lives, one unexpected consequence emerged in the ...
Credit Card Balances Up 20%, While the Cost of Thanksgiving Falls by 4.5%
Everyone loves a universal holiday like Thanksgiving. In the United States, it is November 23 this year. Canada was a month ...
For Debts, Small Business Are Increasingly Turning to Credit Cards
Small businesses are becoming more reliant on credit to manage cash flow problems, according to the newly released Intuit QuickBooks ...
In the UK, Consumers Plan to Lean on BNPL for Holiday Purchases
As consumers get ready for the upcoming holiday season, many are keeping a watchful eye on how much they plan ...
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