by - January 15, 2018 3:44 pm
With a stronger overall economy in 2017 consumers reached for their plastic credit cards more often when holiday shopping than in prior years, according to a recent survey by Magnify…
by - March 13, 2017 9:56 am
The rapid rate consumers are increasing credit card debt continues. Last year consumers charged $89.2 billion on credit, according a WalletHub’s recent report. WalletHub said credit charges in 2016 were…
by - December 2, 2015 7:15 pm
Lower fuel prices, higher home values and better job outlooks have American consumers feeling more confident heading into this holiday season, but credit experts warn that credit card debt will…
by - June 18, 2015 2:57 pm
Americans paid off $34.7 billion in credit card debt in the first quarter of 2015 while racking up a whopping $55 billion in additional card debt so far this year,…
by - March 11, 2015 5:09 pm
U.S. GDP growth has improved and the national jobless rate fell to 5.5% in February, but rising consumer debt suggests that overall economic recovery is not resulting in a better…
by - December 10, 2014 2:15 pm
Consumers’ attitude toward debt creation is reaching new post recession heights as Americans are expected to rack up more than $60 billion in new credit card debt by the end…
by - December 2, 2014 2:58 pm
Consumer households will spend on average $800 this Christmas holiday, according to the National Retail Federation. But for many that is money they will charge or defer payment well into…
by - September 4, 2014 1:00 pm
A recent study released by the website Nerd Wallet lists Fort Smith as one of the cities in America "that are borrowing the least smart," but according to a Walton…
by - March 6, 2014 4:07 pm
Consumer debt, and not just wicked winter weather, is having a chilling effect on retail sales. Consumer debt rose by $241 billion in the fourth quarter of 2013, the largest…
