Statistics
Consumers’ payoff habits differ between general purpose, retail cards
While many credit cardholders own both general purpose and retail store cards, there can be…
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Latest Posts
Education
‘Buy now, pay later’ explodes in popularity
Online shopping was on a tear in 2020, and consumers flocked to "buy now, pay…
Statistics
COVID-19 kept credit card applications depressed for a year
During COVID-19, a study finds that credit card applications declined—a year later, and the trend…
Statistics
More card-shopping consumers chasing cash back
With the impacts of COVID-19 tightening many households’ finances, those shopping for a new credit…
Statistics
Card issuers slashed billions in credit limits amid COVID
Media reports show the 14 credit card issuers that dominate the U.S. card market trimmed…
Statistics
Credit cards keeping COVID-hit consumers afloat
In a new survey, about three-quarters of consumers whose incomes were affected by COVID indicate…
News
More cardholders are paying their balances in full: ABA
Despite the coronavirus pandemic, or perhaps because of it, more Americans are paying off their…
Statistics
Credit cards are consumers’ biggest source of debt anxiety, study shows
According to a recent survey by Money and Morning Consult, more than a quarter of…
Statistics
College card accounts down 70% since CARD Act took effect
Credit cards marketed to current and past students through their university affiliation are on a…
Statistics
Missed card payments ticked up in 2019, but remain well below recession levels
TransUnion data show the percentage of cards with payments that are 90 or more days…
Statistics
For millennials and Gen X, credit card debt anxiety rivals student loan stress
Credit card debt can be a source of anxiety for consumers of any generation, but…
Statistics
Baby boomers big on credit cards for holiday shopping, study shows
According to TransUnion, baby boomers are the most inclined to putting holiday purchases on a…
News
Credit card purchase volumes surged in second quarter: ABA
Americans' use of credit cards surged ahead to a record for seasonally adjusted credit card…
Statistics
Credit cards pull even with mortgages as top source of debt, study shows
According to findings from Northwestern Mutual, an equal 22 percent of Americans age 18 and…
Statistics
More credit card accounts are open than ever before – but new ones are declining
The pace of consumers opening new credit card accounts has fallen from its peak from…
Credit management
As college students’ card use grows, so do their credit missteps
A new study shows almost half of 2018-19 college students are using credit cards, up…
Statistics
Young consumers rebound from recession-era lull in card ownership
Six years after sinking to its lowest point, the percentage of consumers under 40 who…
Statistics
Credit card debt is a huge red flag for potential partners, survey shows
Carried debt is unsurprisingly a strike against any potential romantic partner. But according to new…
Credit management
Card balances swell, but consumers manage their debts well
U.S. credit card balances entered new territory in the last quarter of 2018, according to…