RFK Jr. Reports $1.2M Credit Card Balance. How Much Credit Card Debt Is OK?
Newly confirmed HHS Secretary Robert F. Kennedy Jr. recently reported owing $610,000 to $1.2 million in credit card debt.
Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.
A third of Americans have more credit card debt than emergency savings, poll finds
Higher credit card debt could be a sign of consumer confidence. But tariffs from the Trump administration could further inflate prices.
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.
Americans' credit card debt reaches new record high: New York Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.
Study finds many Americans have more credit card debt than savings
Its tough news on inflation and according to a new Bankrate survey. One-third of Americans say they have more credit card debt than emergency savings. Bankrate Chief Financial Analyst Greg Mcbride explains the study's findings.
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...
Smith County prosecutor explains life sentence in credit card skimming case
Many many accounts were affected, lots of people lost their money, in fact $300,000 were stolen over the course of one ...
NerdWallet1d
5 Things to Know About the Bread Rewards Credit Card
The Bread Rewards American Express Credit Card features bonus rewards for everyday spending like gas and groceries. But there ...
Forbes3d
9 Best Credit Cards For Bad Credit Of February 2025
He has taught courses in financial market and institutions ... often leave consumers with limited options when it comes to credit cards. Those with fair (580 to 669) to poor (580 and below ...