Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...

After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...

Quick Read Americans owe $1.23T in credit card debt at 22.83% APR while the Fed rate sits at 3.72%. Issuers maintain a ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

TORONTO--(BUSINESS WIRE)--Persistently high incidence of revolving debt and deteriorating financial health 1 have started to affect the way credit cardholders in Canada use their cards. According to ...

Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...

You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s Business School and the Federal Reserve Board suggests that a largely unseen ...