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Credit card debt represented the most common source of debt (45%) for those polled. The average respondent reported having close to a $9,000 balance on their cards and paying $418 per month toward it.
The average credit score in the US is 715, according to a report from Experian. High interest rates and lingering inflation contribute to more missed payments and debt levels. Minnesota has the ...
Many Gen Xers struggle to balance their current financial obligations with plans for the future, including retirement. Here's ...
The average credit card balance per consumer was $6,580 at the end of February 2025. Given their high interest rates and the impact your balances can have on your debt-to-income (DTI) ratio and ...
As a nation, we've normalized living beyond our means—from federal deficit spending to consumer credit card debt—with ...
Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some ...
This is mostly due to high interest rates on credit cards. With the average credit ... loan to pay off debt helps you get rid of multiple payments and go down to one payment per month — and ...