After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October, ...

For an historical view of the various types and amounts of consumer debt since 2003, please refer to the following chart. The Federal Reserve has hiked interest rates by 5.0% in the past 14-months.

Surging inflation and rising costs have forced many consumers deeper into credit card debt. According to TransUnion, the ...

Consumer credit is debt taken on by a consumer ... the rates on credit cards aren’t likely to go down as much. Below is a graph on consumer credit balances from 2004 to mid-2022, showing ...

A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the most recent data from the Federal Reserve. The increase in debt was nearly double ...