US Consumers On Pace For $1 Trillion In Credit Card Debt
U.S. consumers are on pace to hold more than $1 trillion in credit card debt by the end of 2017, according to a recent WalletHub study.
U.S. consumers are on pace to hold more than $1 trillion in credit card debt by the end of 2017, according to a recent WalletHub study.
Many Americans do not know the last time the Federal Reserve raised interest rates, and nearly two-thirds of the country think the Fed needs improvement.
While not higher than credit unions, the study shows that community banks are offering better interest rates than small, regional and national banks with a .41 percent interest rate on a $1,000 balance.
American consumers are on track to finish the year out with a record $80 billion in credit card debt, the personal finance site WalletHub said recently.
American consumers racked up $34.4 billion in credit card debt during the second quarter, representing the largest second-quarter accumulation since at least 1986, and are on track to rack up $1 trillion by the year’s end, the personal finance website WalletHub said today.
Fall River is among the worst real estate markets in the country, according to a report released today by WalletHub.
With a potential rate hike on the horizon and “uninspiring” domestic data and global turmoil mucking up the mix, personal finance cites WalletHub and CardHub today released a pair of studies aiming to help consumers figure out where to best park their cash.