Explore the impact of skyrocketing credit card interest rates on U.S. consumers, with 60% of cardholders now carrying monthly balances. Discover how these rates are affecting different demographics and the broader economy, and learn strategies to manage rising debt...
Explore the impact of skyrocketing credit card interest rates on U.S. consumers, with 60% of cardholders now carrying monthly balances. Discover how these rates are affecting different demographics and the broader economy, and learn strategies to manage rising debt burdens.
Sources:
https://www.lendingtree.com/credit-cards/study/average-credit-card-interest-rate-in-america/
https://www.nbcphiladelphia.com/news/business/money-report/60-of-americans-carry-a-credit-card-balance-as-interest-rates-top-20-fed-report-finds/4149817/
https://www.bankrate.com/credit-cards/zero-interest/better-interest-rates-smaller-banks/
https://www.businessinsider.com/credit-card-interest-rate-cap-debt-delinquencies-alexandria-ocasio-cortez-2025-4
https://www.cbsnews.com/news/stuck-with-credit-card-debt-in-todays-economy-dont-do-this/
https://www.abfjournal.com/consumer-debt-tariffs-fuel-uncertainty-says-turning-rock-in-market-update/
https://www.altra.org/about-us/rates/visa-credit-card-program-rates/
https://www.kansascityfed.org/research/economic-bulletin/subprime-credit-card-delinquencies-have-fallen/
https://www.nbclosangeles.com/news/business/money-report/60-of-americans-carry-a-credit-card-balance-as-interest-rates-top-20-fed-report-finds/3668510/?os=dio____
https://www.nerdwallet.com/best/credit-cards/low-interest
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