Credit Cards

February 1, 2018

Consumer Spending Rises but Savings Plummet

U.S. consumer spending rose solidly in December as demand for goods and services increased, but the increase came at the expense of savings, which dropped to […]
January 26, 2018

States with Most/Least Delinquent Debt

Americans are drowning in debt. Across the United States, 33% of people have debt that has gone into collections, according to a recently released study by […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 17, 2018

Credit Card Debt Is Back to Pre-Recession Level

Last month, the Consumer Financial Protection Bureau reported that outstanding consumer credit card debt last year had surpassed the peak set during the recession.  Credit card […]
January 16, 2018

Consumer Confidence Near 17-Year High

Americans ended 2017 feeling very good about the economy.  Consumer confidence hit 122.1 in December, slightly below the 17-year high set in November, 128.6, according to […]
January 3, 2018

Hurricanes Weigh on Consumer Confidence

Americans became less confident in the economy after Hurricane Harvey and Hurricane Irma swept across Florida and South Texas, according to the Survey of Consumers conducted […]
January 3, 2018

Best and Worst States for Consumer Credit Scores

Consumer credit varies nationally due to regional variations in income and the cost of living.  According to a new study from LendEDU and Experian, the Northeast […]
December 24, 2017

A Jolly Holiday: Spending Up 3.6% This Season

Consumers are getting into the holiday spirit with plans to spend more this year than any previous year, according to an annual report by the National […]
December 23, 2017

Retailers Have Strongest Holiday Sales in 7 Years

With just two shopping days until Christmas, upbeat US consumers are spending their way to the best retail holiday shopping season in 7 years.  But shoppers will […]