American households are carrying a record debt load, with balances now approaching $18.6 trillion and high-interest plastic ...

US credit card defaults have reportedly surged to $46 billion in the first 9 months of 2024, which is said to be the highest since 2010. Credit card defaults are now up more than 50% year-over-year.

Student loan borrowers are colliding with a harsh new reality: as payments resume at scale, late bills are rapidly turning into damaged credit. The surge in delinquencies is not just a bureaucratic ...

Americans' credit card debt continues to climb, hitting a fresh record at the end of September, according to a new report from the New York Federal Reserve. Total credit card debt rose to $1.17 ...

NEW YORK (AP) — Credit card giant American Express posted a 16% jump in third-quarter profits on Friday, helped by increased card spending, particularly among its wealthiest card members. The company ...

As federal authorities report a significant, continued surge in credit card fraud cases nationwide, veteran Baton Rouge criminal defense attorney David E. Stanley is cautioning Louisiana residents ...

UPDATE: This article includes comments from the bank's earnings call and analyst notes. Credit card issuer Synchrony Financial's profits surged 25% in the third quarter even as the generally spendy ...