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 about 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: […]

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Read More Credit Card Statistics

Credit Card Statistics

Consumer credit card balances fell sharply in August, according to the latest consumer debt data from the Federal Reserve. The latest Fed data shows that consumer revolving debt fell at an annualized rate of 11.3% in August, leaving Americans’ outstanding consumer credit card balances at $985.3 billion. It is the lowest that revolving credit balances […]

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Read More About 6 in 10 Cardholders Say They’re Better Off Financially Than Expected When Pandemic Began

About 6 in 10 Cardholders Say They’re Better Off Financially Than Expected When Pandemic Began

Nearly 6 in 10 credit cardholders say they are better off financially today than they expected to be when the pandemic began, according to a new report from CompareCards, although there were stark differences between responses from men and women. Over six months into one of the most financially chaotic periods in our country’s history, […]

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Read More 2 in 3 Parents Stressed About Paying For Back-to-School, Up From 43% in 2019

2 in 3 Parents Stressed About Paying For Back-to-School, Up From 43% in 2019

This back-to-school season is unlike any we’ve ever seen. With the school year riddled with uncertainty, it’s no wonder 2 in 3 parents said they’re stressed about shopping for gear and supplies. CompareCards’s annual Back to School survey of parents reveals a significant stress uptick compared to last year’s report, along with some other pandemic-related […]

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Read More 38% of Americans Are Currently Boycotting a Company, and Many Cite Political and Coronavirus Pandemic-Related Reasons

38% of Americans Are Currently Boycotting a Company, and Many Cite Political and Coronavirus Pandemic-Related Reasons

In business they say the customer is always right. For some consumers, that statement not only applies to customer service, but also describes their ideology on political and social issues. A substantial percentage of consumers who feel that a company is behaving wrongly are willing to boycott that business, according to a new report from […]

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