A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024. The New ...
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Credit card balances have dropped 2.5% in the past 12 months – the largest decline we've seen since the height of the COVID-19 pandemic in 2020 – and credit card spending has dipped for the third time ...
People are struggling to pay off their credit card debt even as many trim their spending. The share of credit card balances that are past due reached the highest level ever in the first quarter, ...