46% of Americans Carry Credit Card Balance and 23% Don’t Think They Will Ever Pay it Off
46% of Americans Carry Credit Card Balance and 23% Don’t Think They Will Ever Pay it Off A recent Bankrate survey found that 46 percent of Americans carry a credit card balance month to month, and 23 percent believe they will never get out of credit card debt. A...
Credit Cards, Credit Reporting Disputes Lead FDIC Consumer Complaints
Credit Cards, Credit Reporting Disputes Lead FDIC Consumer Complaints According to the FDIC’s Consumer Compliance Supervisory Highlights, the agency processed a surge in consumer complaints last year led by credit cards as the most frequently cited product and credit... New Report Finds Consumer Credit Usage Surged in April
New Report Finds Consumer Credit Usage Surged in April The most recent consumer credit data from the Federal Reserve indicated that consumers turned to credit to pay for goods and services at a significantly elevated rate in April. The aggregate tally of consumer... 62% of Credit Card “Outsiders” Using Some Other Form of Credit
62% of Credit Card “Outsiders” Using Some Other Form of Credit A recent report from PYMNTS Intelligence and Atelio by FIS entitled “Decision Guide: What Credit Card Outsiders Want — and How FIs Can Bring Them Back,” found that a strong majority (62... 