With average credit card interest rates topping 22%, many consumers have found themselves deeper and deeper in debt.
Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...
In 2025, people throughout the U.S. saw rising prices for consumer goods and a reduction in income and employment. Those factors contributed to a substantial rise in credit card debt. According to ...
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As the new year approaches, financial counselors say millions of Americans struggling with credit card debt still have options to regain control. Roughly half of U.S. households carry some level of ...
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Banks see room for consumer credit to continue rising Higher workforce and economic strength viewed as drivers Bad debt ratios tick higher but far below 2008-09 levels Spanish government to set caps ...
Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold ...
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