A growing number of Americans are falling behind on their car payments, an ominous sign for the U.S. economy as high auto prices and stubborn inflation strain household budgets. Car loan delinquencies tumbled in the early days of the pandemic as the government sent trillions in stimulus money to American…

Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit…

Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes the companies revealed Thursday. Delta SkyMiles American Express credit cardholders can already make use of the new benefits, the companies said. Under the updates, people who use their co-branded cards for…

Americans know that carrying a credit card balance is a bad idea, but 45% typically do so anyway, a recent survey said. Consumers of all ages and financial backgrounds are amassing credit card debt, and struggling to live within their means, and these behaviors are only getting worse, the Quicken survey said.…

Most Americans are experiencing a holiday spending hangover that could take months to recover from, a recent survey said. Seventy-four percent of consumers said inflation had a more significant impact than anticipated on their holiday spending budgets and 45% overspent, according to WalletHub’s recent survey. Additionally, 1 in 4 Americans said…

Students may think that a credit card sponsored by the college or university they attend will offer them the best deal, but they would be wrong, a recent report warned. In fact, financial products tied to colleges and universities that are marketed to students often have less advantageous terms and…

Bilt Rewards, a company that allows Americans to be rewarded for paying their rent, on Wednesday announced a $200 million equity investment, which thrusts the company’s valuation to $3.1 billion as business heavyweight Ken Chenault and NFL Commissioner Roger Goodell were added to its board.  The investment, led by General Catalyst,…

A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to new data published by the Federal Reserve Bank of Philadelphia. All stages of credit card delinquency – 30, 60 and 90 days past due…

A growing number of Americans are racking up credit card debt in order to pay for their everyday necessities, a trend that may be a harbinger of economic troubles ahead, according to a new report from Bankrate. Findings published by Bankrate on Monday indicate that nearly half of credit card…

Americans feel more confident about their finances, to the extent that interest in buying a home jumped by nearly 15% in November 2023 compared to last year, despite the challenging market conditions, a recent survey said. Similarly, the share of consumers who expect to buy a car in the next…