According to a recent survey, 40% of Americans with credit card debt are under the impression that making minimum payments is an effective way to manage their debt.

The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.

The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only make the ...

There are moments where I’m like, you need to be better, you need to save. And then I’m like, we’re doomed, just live your life. It’s fine.” ...

Welcome to Money, Sky News' consumer and financial news hub. Today: house asking prices have reached a record high; what it's ...

A new AARP survey suggests nearly half (47%) of adults 50 and older who carry credit card debt use their cards to pay for necessities like health care, car payments and housing. Some 17% admitted ...

A typical monthly housing payment hit a record high of $2,807 during the last four weeks ending March 23, according to a study by Redfin. The 5.3% increase is a result of the average cost of home ...

The total amount of credit card debt has ballooned to $1.2 trillion in Q4 of 2024 up from $720 billion in the same quarter of 2004, per the Federal Reserve Bank of New York. More people are ...

THE national government’s outstanding debt soared to a new high of P16.632 trillion as of ... Lanzona said the US Federal Reserve’s announcement that it will maintain its key policy rates ...

For many, 2025 has felt like a financial pressure cooker. Inflation may be easing, but prices are still high. Borrowing ...

The price of gold hit a new record on Monday, with an ounce trading at $3,127.88 amid uncertainties caused by US President Donald Trump's trade policies. After hitting an all-time high ...

The average credit card balance per consumer was $6,580 at the end of February 2025. Given their high interest rates ... Federal Reserve Bank of New York. "Household Debt Balances Continue Steady ...