Credit Card Debt Archives

Alarming Numbers Reveal Credit Card Ceilings Hit by 37% of Americans in the Wake of Fed Rate Increases

13-J00000010-1999 | Credit Card Debt, Inflation, Interest Rates

If you’ve been following the mainstream media recently, you’re aware of the narrative they’re pushing that claims the U.S. economy is strong and things are looking up. Meanwhile, the Federal Reserve Bank of New York reports that U.S. citizens’...

The Shockwave of Inflation: Credit Card Debt Out of Control Amid Surging Prices

13-J0000005-1999 | CPI, Credit Card Debt, Inflation

The credit card debt we’re facing as a nation clearly shows the significant economic challenges many people are dealing with in today’s high-inflation environment. Even with inflation numbers showing a decrease from the peak levels that exceeded 9%...

The Toll of Government Spending on American Credit Card Debt

13-J0000003-1999 | Credit Card Debt, Federal Reserve, National Debt

Despite the optimistic outlook on the economy frequently presented by the White House, a less positive reality unfolds for the average American – a massive surge in credit card debt. By the close of the last year, credit card debt in the United States reached a...