credit card debt

This Oct. 8, 2019, photo shows a Chase Sapphire card in New York. On Friday, Dec. 6, The Federal Reserve releases its report on consumer borrowing for October. (AP Photo/Jenny Kane)
December 06, 2019 - 2:06 pm
WASHINGTON (AP) — Consumer borrowing rose in October by the largest amount in three months, reflecting a big rebound in the category that includes credit cards. The Federal Reserve said Friday that borrowing increased by a seasonally adjusted $18.9 billion in October, up from a September increase...
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This undated photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. (NerdWallet via AP)
KNSS News
December 02, 2019 - 10:18 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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November 21, 2019 - 10:19 am
Shatoria Smith was tired of the $5,000 in credit card debt she felt was blocking her from reaching her financial goals. She couldn’t see an easy path to being debt-free, so she drew herself a map by adapting a goal-setting framework she’d first heard about in a college business class: the SMART...
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November 07, 2019 - 6:05 am
In late 2017, San Francisco couple Riley Adams and his wife stumbled upon the Halley's comet of airline credit card welcome offers. For a limited time, the card was advertising a companion pass on top of a large sign-up bonus. "We knew we had a lot of spending in one specific area coming up, and we...
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FILE - In this June 15, 2017, file photo, people walk inside the Oculus, the new transit station at the World Trade Center in New York. Financial fears, not wanting to check your credit, confront your debt or even discuss your student loans, can feel especially shameful. But facing those fears can empower you to take action. (AP Photo/Frank Franklin II, File)
October 22, 2019 - 9:32 am
Fear can consume you. The anxiety of the unknown can drive you to pull the blanket over your head, whether you're worried about a rustling sound outside your bedroom window or that you won't have enough retirement savings. Financial fears — not wanting to check your credit, confront your debt or...
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In this Aug. 11, 2019, photo, U.S. currency and credit cards sit on a table at a restaurant in New Orleans. Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. (AP Photo/Jenny Kane)
KNSS News
August 29, 2019 - 8:38 am
Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. In recent months, two of the largest credit card issuers...
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FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 2:06 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. The Federal Reserve says overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion...
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August 06, 2019 - 5:23 am
The personal finance website WalletHub has released its list of States with the Highest & Lowest Credit-Card Debts. WalletHub analyst Jill Gonzales says the median credit card debt in Kansas is $2,574 per household. “We look at the costs to pay it off, essentially how much you’d be paying in...
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July 19, 2019 - 7:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” (AP Photo/Steven Senne)
March 26, 2019 - 8:05 am
The saying that debt is easy to get into and hard to get out of hits home for younger Americans: At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That's the highest level since 2007. "Understanding your options and making a plan is...
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