credit card debt

Time is running out to reach a deal to avert a historic default on the nation's debt, with Treasury Secretary Janet Yellen warning that the U.S. could run out of money to pay the bills by June 1. On Friday, negotiations broke down…

Time is running out to reach a deal to avert a historic default on the nation's debt, with Treasury Secretary Janet Yellen warning that the U.S. could run out of money to pay the bills by June 1. Breaching the debt ceiling may sound…

High-Cost Medical Credit Cards a Growing Problem for Patients How do you deal with the ballooning cost of medical care? The answer for a growing number of Americans: pay it with plastic. Medical credit cards, once limited to esoteric…

With the average credit card interest rate at a record high of nearly 21%, it behooves consumers to shop around before applying for a new line of credit that could make any amount of debt very costly to carry.Credit card interest…

Americans are carrying more debt than ever before, with COVID-19 savings long gone and as rising interest rates and ongoing inflation continue to eat into household budgets.Consumer debt hit a record high of $4.82 trillion in…

While carrying credit card debt is never advisable, now is a particularly tough time for consumers, with the average interest rate hitting a record high in the first quarter of 2023.The average credit card interest rate is now…

Insolvency trustee Doug Hoyes encounters a lot of Canadians with money troubles, but he’s become particularly sympathetic to the plight of young people who find themselves financially underwater. For more than a decade, his…

A growing number of Americans are struggling to sock away funds for an emergency due to high inflation and climbing interest rates, a recent Bankrate survey suggests. More than a third of survey respondents, or 36%, told Bankrate…

For online shoppers, the appeal of "buy now, pay later" programs seems obvious. If paid on time, the loans are zero interest with smaller payments spread out in installments. And unlike layaway, shoppers get their purchases…

Regardless of whether they’re renting or own their own home, many Australians are feeling the full impact of eight months of rate hikes by the Reserve Bank (RBA). The RBA has lifted the cash rate by 3.0 per cent since April to reach its…