Read More Credit Card Statistics

Credit Card Statistics

Credit card balances shot up in October, according to the latest consumer debt data from the Federal Reserve. The latest Fed data shows that consumer credit card debt increased at an annualized rate of 8.8% in October, leaving Americans’ outstanding consumer credit card balances at a record $1.089 trillion. This month’s jump comes on the heels […]

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Read More The Average Credit Card APR In America Today

The Average Credit Card APR In America Today

What’s the average credit card APR in America today?  To find out, CompareCards by LendingTree reviewed 200 of the most popular credit cards in the country to come up with a comprehensive look at the state of credit card APRs today. We’ll do this every month and publish the results here. In this post: New […]

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Read More Cardholders Less Confident About Paying Card Bills This Holiday Season Than Last

Cardholders Less Confident About Paying Card Bills This Holiday Season Than Last

Americans are feeling less confident about paying their credit card bills in full this holiday season than they did during the last one, according to a new report from CompareCards by LendingTree. The latest CompareCards Credit Card Confidence Index shows that only 40% of cardholders feel “very confident” about paying their credit card’s monthly statement […]

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Read More Cardholder Confidence Grows For First Time Since April

Cardholder Confidence Grows For First Time Since April

Consumers felt more confident in their ability to pay their credit card bills in full in October, according to a new report from CompareCards.com. It’s the first monthly increase since April. Each month, CompareCards surveys American credit cardholders to gauge how they feel about their ability to handle their credit card bills. The survey asks […]

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Read More The Maxed-Out Credit Card Capital Of The U.S. Is…

The Maxed-Out Credit Card Capital Of The U.S. Is…

Nearly 1 in 3 cardholders in Bridgeport, Conn. have a maxed-out credit card. That’s the highest percentage among the nation’s 100 largest metropolitan areas, according to a new report from CompareCards.com, but plenty of other big American city residents are not far behind. CompareCards analyzed an anonymized sample of credit reports from 1.3 million My […]

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Read More Where the Cost of Flying is Rising the Most

Where the Cost of Flying is Rising the Most

More and more people are flying. U.S. airlines carried an all-time high estimated 77.9 million (domestic and international) in July 2019, according to the Bureau of Transportation Statistics’ (BTS) estimate. And, with so many people hitting the skies, overall, the prices have gotten better. The 2018 average domestic itinerary airfare of $350 was the lowest […]

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