Showing 49 to 60 of 89 results
Record Credit Card Debt and Debt Forgiveness Solutions in the U.S.
Record U.S. credit card debt hit \$1.21 trillion in 2024 due to inflation and high living costs, leading to rising delinquencies; debt forgiveness programs offer potential relief, reducing a \$10,000 debt by 30-50%.
Record Credit Card Debt and Debt Forgiveness Solutions in the U.S.
Record U.S. credit card debt hit \$1.21 trillion in 2024 due to inflation and high living costs, leading to rising delinquencies; debt forgiveness programs offer potential relief, reducing a \$10,000 debt by 30-50%.
Progress
52% Bias Score
Fed Holds Rates, Leaves Borrowers Seeking Debt Relief
The Federal Reserve's decision to hold interest rates steady this week dashed hopes for a rate cut, leaving borrowers with high-interest debt to seek alternative solutions like credit card debt forgiveness, debt management programs, or debt consolidation loans, each with varying long-term credit sco...
Fed Holds Rates, Leaves Borrowers Seeking Debt Relief
The Federal Reserve's decision to hold interest rates steady this week dashed hopes for a rate cut, leaving borrowers with high-interest debt to seek alternative solutions like credit card debt forgiveness, debt management programs, or debt consolidation loans, each with varying long-term credit sco...
Progress
44% Bias Score
Fed Holds Rates Steady, But Record-High Credit Card Interest Persists
The Federal Reserve's March 18-19 decision to keep interest rates unchanged provides no relief to consumers facing record-high average credit card interest rates of 22.80%, necessitating proactive debt management strategies.
Fed Holds Rates Steady, But Record-High Credit Card Interest Persists
The Federal Reserve's March 18-19 decision to keep interest rates unchanged provides no relief to consumers facing record-high average credit card interest rates of 22.80%, necessitating proactive debt management strategies.
Progress
44% Bias Score
Bankruptcy's Impact on Credit Card Debt: Discharge Conditions and Alternatives
Chapter 7 bankruptcy typically eliminates unsecured debts like credit cards; Chapter 13 involves a repayment plan; however, fraudulent activity or abuse of credit may prevent discharge, and bankruptcy impacts credit reports for 7-10 years.
Bankruptcy's Impact on Credit Card Debt: Discharge Conditions and Alternatives
Chapter 7 bankruptcy typically eliminates unsecured debts like credit cards; Chapter 13 involves a repayment plan; however, fraudulent activity or abuse of credit may prevent discharge, and bankruptcy impacts credit reports for 7-10 years.
Progress
44% Bias Score
Rising Inflation Fuels Credit Card Debt Crisis in America
High inflation and rising costs are pushing more Americans into credit card debt, with average interest rates approaching 23%, creating a cycle of debt; however, various debt relief strategies can help.
Rising Inflation Fuels Credit Card Debt Crisis in America
High inflation and rising costs are pushing more Americans into credit card debt, with average interest rates approaching 23%, creating a cycle of debt; however, various debt relief strategies can help.
Progress
44% Bias Score
Credit Card Debt Relief Strategies for Seniors
Many seniors face the challenge of credit card debt in retirement; debt relief options include hardship programs, debt management plans, balance transfers, and debt settlement, each with advantages and disadvantages impacting credit scores and long-term financial health.
Credit Card Debt Relief Strategies for Seniors
Many seniors face the challenge of credit card debt in retirement; debt relief options include hardship programs, debt management plans, balance transfers, and debt settlement, each with advantages and disadvantages impacting credit scores and long-term financial health.
Progress
24% Bias Score
Record-High Credit Card Debt Amidst High Interest Rates
As of November 2024, the average US credit card interest rate is 22%, up from a pandemic low of 15%, resulting in record-high credit card balances of $1.21 trillion due to inflation and increased consumer reliance on credit.
Record-High Credit Card Debt Amidst High Interest Rates
As of November 2024, the average US credit card interest rate is 22%, up from a pandemic low of 15%, resulting in record-high credit card balances of $1.21 trillion due to inflation and increased consumer reliance on credit.
Progress
44% Bias Score
Fed Holds Rates Steady, But High Credit Card Interest Persists
The Federal Reserve held interest rates steady on March 18-19, leaving record-high average credit card interest rates (22.80%) unchanged, causing continued financial strain on consumers carrying large balances.
Fed Holds Rates Steady, But High Credit Card Interest Persists
The Federal Reserve held interest rates steady on March 18-19, leaving record-high average credit card interest rates (22.80%) unchanged, causing continued financial strain on consumers carrying large balances.
Progress
56% Bias Score
Credit Card Debt Forgiveness Options for Seniors
Rising living costs and high-interest rates are creating a credit card debt crisis among seniors, forcing many to seek debt forgiveness through direct negotiation with creditors, debt relief companies, or bankruptcy, each offering different timelines and impacts on credit scores.
Credit Card Debt Forgiveness Options for Seniors
Rising living costs and high-interest rates are creating a credit card debt crisis among seniors, forcing many to seek debt forgiveness through direct negotiation with creditors, debt relief companies, or bankruptcy, each offering different timelines and impacts on credit scores.
Progress
48% Bias Score
Bankruptcy and Credit Card Debt: When It Works and When It Doesn't
Chapter 7 and Chapter 13 bankruptcies can eliminate or significantly reduce credit card debt, but recent luxury purchases or fraudulent activity may prevent discharge; the bankruptcy remains on credit reports for 7-10 years.
Bankruptcy and Credit Card Debt: When It Works and When It Doesn't
Chapter 7 and Chapter 13 bankruptcies can eliminate or significantly reduce credit card debt, but recent luxury purchases or fraudulent activity may prevent discharge; the bankruptcy remains on credit reports for 7-10 years.
Progress
44% Bias Score
Inflation Drives $45 Billion Surge in Credit Card Debt
Rising inflation from 2.4% in September to 3% in January 2025 caused a $45 billion increase in credit card debt during Q4 2024, forcing consumers to borrow for essentials and face higher interest rates, creating a cycle of debt.
Inflation Drives $45 Billion Surge in Credit Card Debt
Rising inflation from 2.4% in September to 3% in January 2025 caused a $45 billion increase in credit card debt during Q4 2024, forcing consumers to borrow for essentials and face higher interest rates, creating a cycle of debt.
Progress
48% Bias Score
Minimum Credit Card Payments Hit 12-Year High
The percentage of credit card holders making only minimum payments reached an alarming 11% in the third quarter of 2024, a 12-year high, highlighting the financial risks of this practice and its benefits to credit card companies.
Minimum Credit Card Payments Hit 12-Year High
The percentage of credit card holders making only minimum payments reached an alarming 11% in the third quarter of 2024, a 12-year high, highlighting the financial risks of this practice and its benefits to credit card companies.
Progress
56% Bias Score
Showing 49 to 60 of 89 results