This Week In Credit Card News

Bill Hardekopf, Forbes
Wed, 01/04/2012 - 7:00pm

Credit Card Spending Increased Over the Holidays Spending on credit cards jumped seven percent in November and was up in the first half of December, according to First Data, a company that tracks consumer payment data. While the increased spending boosts a hurting economy, it also poses risks for shoppers.

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BING NEWS:
  • People's incomes are catching up with their debt
    Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.
    11/15/2024 - 1:18 pm | View Link
  • Credit card debt hits new all-time high, but it’s not all bad news
    Americans' credit card debt just hit a new all-time high of $1.17 trillion, according to the New York Federal Reserve.
    11/15/2024 - 9:10 am | View Link
  • You're Safer Shopping With a Credit Card This Holiday Season. Here's Why.
    Another reason to use a credit card rather than cash or debit is the rewards you can earn on holiday shopping and bills. Your holiday shopping list could earn you a generous credit card welcome bonus ...
    11/15/2024 - 4:38 am | View Link
  • Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
    Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
    11/15/2024 - 3:07 am | View Link
  • Every Part of Your Credit Card Bill, Explained
    If you want a healthy credit profile, you need to understand what exactly it says on your credit card bill. Here's how to read the key elements to pay attention to, with a focus on managing your ...
    11/15/2024 - 2:32 am | View Link
  • More

 

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