Credit card debt

FILE - In this Monday, March 16, 2020, file photo, pedestrian traffic is light along Wall Street in Lower Manhattan in New York. The banking system is not as risk of failing as banks have plenty of capital on hand to handle this crisis due to the new coronavirus, economists say. (AP Photo/Craig Ruttle, File)
March 24, 2020 - 2:44 pm
NEW YORK (AP) — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak. Banks are scrambling to put into place loan forgiveness and relief programs, working to keep their...
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March 06, 2020 - 4:11 pm
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December. The Federal Reserve said Friday that consumer credit rose by $12 billion following a $20.3 billion surge in December. The December number reflected the biggest...
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March 06, 2020 - 3:18 pm
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December. The Federal Reserve said Friday that consumer credit rose by $12 billion following a $20.3 billion surge in December. The December number reflected the biggest...
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February 07, 2020 - 3:38 pm
WASHINGTON (AP) — Americans gave their credit cards a real workout this past holiday season. The Federal Reserve said Friday that borrowing on credit cards rose by the largest amount in more than two decades in December. Total U.S. consumer borrowing rose $22.1 billion in December, the central bank...
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FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. Brushing up on the basics of your credit score can give you a fresh start this year and help you know how best to build and defend it. (AP Photo/Matt Rourke, File)
January 07, 2020 - 9:07 am
By now, you’ve encountered the world of credit, whether it was renting your first apartment or figuring out how to pay for a kitchen remodel. Whatever your financial goals this year, your credit is likely to play a role in achieving them. Take a fresh approach to your credit by brushing up on the...
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FILE - In this Aug. 11, 2019, file photo a man puts his Visa card on a stack of cards for a split check at a restaurant in New Orleans. Knowledge is power when it comes to finances. Still, most people don’t know exactly where their money goes. Tracking your spending for one month will help you identify habits and spot excess expenses, says Colin Walsh, CEO of Varo, an online bank. (AP Photo/Jenny Kane, File)
December 17, 2019 - 6:32 pm
Raise your hand if you feel confident about your finances. Not feeling it? That’s OK. Perhaps you’re among the 60% of Americans living paycheck to paycheck, or one of the 81.6 million paying off student loan debt. It’s hard to feel confident when your loan balance doesn’t seem to budge and you’re...
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FILE - In this Aug. 11, 2019, file photo a man puts his Visa card on a stack of cards for a split check at a restaurant in New Orleans. Knowledge is power when it comes to finances. Still, most people don’t know exactly where their money goes. Tracking your spending for one month will help you identify habits and spot excess expenses, says Colin Walsh, CEO of Varo, an online bank. (AP Photo/Jenny Kane, File)
December 17, 2019 - 6:30 pm
Raise your hand if you feel confident about your finances. Not feeling it? That’s OK. Perhaps you’re among the 60% of Americans living paycheck to paycheck, or one of the 81.6 million paying off student loan debt. It’s hard to feel confident when your loan balance doesn’t seem to budge and you’re...
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This Oct. 8, 2019, photo shows a Chase Sapphire card in New York. On Friday, Dec. 6, The Federal Reserve releases its report on consumer borrowing for October. (AP Photo/Jenny Kane)
December 06, 2019 - 3:06 pm
WASHINGTON (AP) — Consumer borrowing rose in October by the largest amount in three months, reflecting a big rebound in the category that includes credit cards. The Federal Reserve said Friday that borrowing increased by a seasonally adjusted $18.9 billion in October, up from a September increase...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 02, 2019 - 11:18 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 02, 2019 - 7:41 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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