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 ...
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.
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 ...
Adjusted for Inflation, Levels of Credit Card Debt Aren’t So Bad
Headlines proclaiming record credit card debt levels in the U.S. may have elicited concern, but analysis from WalletHub reveals a ...
Klarna Gains Momentum in Canada
Klarna has grown in Canada, amassing 640,000 active users roughly 18 months after it first expanded into Canada. According to ...
BNPL’s Acceleration Calls for Added Consumer Resources
Amazon broke records on both sales and consumer savings during its annual Prime Day event on July 11-12. According to ...
FIS Selling 55% Stake in Worldpay for $11.7 Billion
The FIS saga with merchant business Worldpay has taken another turn. FIS acquired Worldpay for $43 billion in 2019, only ...
Millennials Stumble Financially, Lean on Credit Cards
Millennials are increasingly concerned about their finances. Instead of setting aside money in a savings account, many millennials are turning ...
Happy Holidays: Expect Credit Card Debt to Pass $1 Trillion.
Credit card revolving balances hit a historical high, as shown in the Federal Reserve’s most recent update. Revolving credit card ...
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