Americans emerged from the holiday season feeling more confident about their credit card bills than any time since June, according to a new report from CompareCards.com. Every month, we survey American credit cardholders to gauge how they’re feeling about their ability to pay off their credit card bills. We ask three things: How confident they […]
More Americans applied for a store credit card during the 2019 holiday season and fewer got rejected, according to a new report from CompareCards. However, less than a third of those with a new store card expect to pay the first purchase off in the first month. That’s a big drop from the previous holiday […]
As the new decade begins, the vast majority of American credit cardholders believe the next 10 years will bring them less credit card debt and more rewards, according to a new report from CompareCards.com. However, they’re far less optimistic about credit card fraud and identity theft, which most say will only get worse. CompareCards asked […]
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 […]
Credit card balances dipped in November, according to the latest consumer debt data from the Federal Reserve. The latest Fed data shows that consumer credit card debt fell at an annualized rate of 2.7% in November, leaving Americans’ outstanding consumer credit card balances at $1.086 trillion. That’s just below the all-time record of $1.089 trillion set […]
The holiday spirit spurred a record number of American shoppers to open their wallets this holiday season. According to the National Retail Federation and Prosper Insights & Analytics, 189.6 million U.S. consumers shopped from Thanksgiving to Cyber Monday, and spending was up 16% compared to the same time period in 2018. Yet, despite their generosity, […]
This month, consumer confidence in their ability to pay off their credit card bills shot to its highest level since June, according to a new report from CompareCards by Lending Tree. But consumer confidence remains lower than it was one year ago. Each month, CompareCards asks cardholders how confident they are that they can pay […]
The end of every calendar year is a time for many to reflect on the highs and lows from the past 12 months. Unfortunately, some people might not have made as much financial progress as they likely would have liked in 2019. CompareCards commissioned a survey of almost 800 credit cardholders and found that nearly […]
According to a new report from CompareCards.com, about 3 in 4 credit cardholders have a fundamental misunderstanding about how introductory 0% balance transfer credit cards work, despite the fact that half of all surveyed cardholders have had a balance transfer card in the past. CompareCards reviewed the terms and conditions of 167 credit cards that […]
Over two million passengers fly on U.S. airlines each day on 28,000 flights worldwide. One of life’s underappreciated joys is arriving at your assigned seat and discovering that no one is sitting next to you. It’s almost like getting an instant – and free – flight upgrade to a seat with more space. Sadly, departing […]
Over two million passengers fly on U.S. airlines each day on 28,000 flights worldwide. One of life’s underappreciated joys is arriving at your assigned seat and discovering that no one is sitting next to you. It’s almost like getting an instant – and free – flight upgrade to a seat with more space. Sadly, departing […]
With the holidays fast approaching, many consumers are getting ready to stretch their budgets to the breaking point and beyond. And for some, opening a new store credit card will help bridge the gap to afford those extra special presents under the tree. Unfortunately, this veritable annual ritual for some consumers can result in a […]
