Credit Card Debt Continues to Mount for U.S. Consumers
Credit card debt among U.S. consumers reached $1.21 trillion, the highest level on record since the Federal Reserve began tracking ...
Stay updated on inflation’s effects on payments and banking. PaymentsJournal offers expert analysis and insights into how inflation is shaping the financial industry and consumer behavior.
Credit card debt among U.S. consumers reached $1.21 trillion, the highest level on record since the Federal Reserve began tracking ...
The credit card market weathered significant headwinds last year, and the lingering effects are expected to cast a long shadow ...
After the challenges of the pandemic, inflation, and surging interest rates, the credit card industry enters 2024 steeling itself for ...
Despite challenges such as inflation and escalating consumer credit card debt, retail sales increased 0.6% in December from November’s 0.3% ...
The stressed economy is on everyone’s mind, and now credit card issuers are preparing for a downward shift in operational ...
For credit card issuers, 2023 ends with a boom. The trick will be to ensure 2024 does not end with ...
Buy now, pay later (BNPL) services have grown in popularity over the years, allowing consumers to pay a fraction of ...
Despite the current economic conditions and the highest inflation rate in almost four decades, the credit card industry continues to ...
A recent study found that holiday shoppers are expected to shop big this year, matching 2019 spending levels, despite moderate ...
Amid high inflation and interest rates, consumers held back spending during the month of October, per the National Retail Federation ...
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