MEMPHIS, Tenn. - More than half of credit card holders are carrying revolving debt, according to a new study. The J.D. Power 2025 U.S. Credit Card Satisfaction Study found 56% of cardholders are ...
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 ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...
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