Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...

TheStreet’s Conway Mittens brings you the biggest news of the day, including what investors are watching and why credit card holders continue to pile up debt.

One of the most striking trends from the third-quarter data is the rise in the share of active credit card holders making ...

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.

A borrower goes into default when they miss credit card payments for over 180 days, roughly six months. When there is a ...

Many borrowers find themselves unable to cover their credit card payments, causing some of them to fall into default.

NEW YORK — Credit card defaults are on the rise for Americans ... the bank considers the credit card “delinquent” and the borrower’s credit scores can be damaged further.

Capital One (NYSE: COF) stock has fared well, rising by about 36% since early 2024. This compares to the S&P 500 which ...

Debt seems to be a worsening problem in the boot-shaped state. Compared to the same period a year before, the share of ...

MUMBAI: The onset of the wedding season and year-end spends led to a 14 per cent rise in credit card spends in value terms to ...

Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...