With the average APR now over 25%, store credit card APRs have risen further in the past year, according to a new report from CompareCards.com. But consumer demand for these cards is growing, too, even though about half of retail cardholders have regretted getting one in the past. Nearly one in three Americans said they’re […]
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 […]
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 August, according to the latest consumer debt data from the Federal Reserve. The latest Fed data shows that consumer credit card debt decreased 2.2% in August, leaving Americans’ outstanding consumer credit card balances at $1.079 trillion, down from July’s record high. Don’t expect a long-term downward trend to start, however. There’s no […]
When it comes to Halloween spending, about half of millennials say they’ve done it for the “gram” (Instagram) and other social media sites, according to a new report from CompareCards by LendingTree. With Halloween rapidly approaching, CompareCards asked consumers about their spending habits for the holiday. We asked people how much they spend on Halloween […]
Americans’ confidence in their ability to pay their credit card bills continued to decline in September, according to a new report from CompareCards.com, as fewer cardholders manage to pay their statement balances in full at the end of the month. CompareCards takes the pulse of the American credit cardholder every month, asking them how confident […]
The Federal Reserve lowered interest rates for the second time this year on Wednesday. However, a new CompareCards by LendingTree report shows that only a tiny fraction of cardholders knows what impact that decrease will have on their credit card’s APR. At the end of its two-day meeting on September 17-18, the Fed announced that […]
If you’re a millennial who has a credit card and likes football, there’s a good chance your fandom has put you into debt. That’s according to a new report from CompareCards by LendingTree, which shows that Americans’ love for their favorite sport comes with a hefty price. With the new football season rapidly approaching, CompareCards […]
Four in 10 people with a credit or debit card have provided their full Social Security number in an online form in the past month, according to a new report from CompareCards by LendingTree, as Americans continue to wrestle with how best to combat identity theft two years after the Equifax data breach. That breach, […]
Women are more likely to say they never paid their credit card statements in full once in the past six months than to say they did so every month, according to a new report from CompareCards.com, further proof of a major gender gap when it comes to credit card payments. Overall, Americans are paying their […]
For millions of parents, back-to-school shopping is dreaded even more than holiday shopping. According to a new report from CompareCards, about one-third of those who will do it say back-to-school shopping is both more stressful and more expensive. With the new school year fast approaching, we asked Americans what they thought of the yearly ritual […]
About 1 in 4 Americans who attended a music festival in the past year are currently paying off debt related to a festival, according to a new report from CompareCards.com — and that includes nearly a third of millennials. Giant music festivals like Lollapalooza, Coachella, Bonnaroo and Austin City Limits grab lots of headlines, but […]
