Tag: revolving credit

More than 5.5 years after the collapse of Lehman Brothers crippled the financial infrastructure of the Western World, the aftershocks of the catastrophe are still being felt. Still, just how is it possible that our collective credit card debt is much,...

Americans unexpectedly cut back on their credit card debt in January, but kept piling up student loans and other non-revolving types of credit....

Americans took on more credit card debt in December than it was expected and the same was true for non-revolving credit....

The economy is growing and unemployment is down, but Americans were once again conservative with their credit cards in November....

In a rare break from the post-Lehman trend, Americans racked up quite a bit of credit card debt in October, as they also did with auto and student loans....