Americans defaulted on $59 billion in credit card debt and took on an additional $74 billion in credit card debt.

Nearly half of older Americans with credit card debt are relying on credit cards to cover their basic living expenses, with more than a third seeing balances rise, AARP found.

As long as you carry a balance, the total interest you’ll pay on your credit card will continue to grow, making it even ...

An alarming share of older adults use credit cards to cover basic living expenses, AARP reports in a new survey.

The findings highlight financial challenges facing older adults, many of whom are dealing with rising costs of living, ...

As more Americans turn to credit cards to make ends meet, these are the regions with the most credit card debt.

Americans' household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report ...

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 trillion, according to a report released Thursday by the Federal ...

Credit card debt was the most common form of debt among U.S. adults, according to a survey conducted for Newsweek.

A new AARP survey released today reveals nearly half (47%) of adults age 50 and older who carry credit card debt use credit cards to pay for basic living expenses that they do ...