Many Americans are starting 2025 carrying unmanageable credit card debt. The credit card default rate has hit its highest ...

Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...

Over 15 million people default on credit card payments each year for various reasons, including job loss, healthcare debt, and marital disruption. According to the Federal Reserve, the rate of ...

Defaults on credit card loans in the U.S. are at the highest level since 2010 amid waning financial health among lower-income consumers, ...