consumer debt

Credit Card Debt Hits $1.26 Trillion: The Two Numbers Telling Opposite Stories About America

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Credit Card Debt Hits $1.26 Trillion: The Two Numbers Telling Opposite Stories About America Credit card debt in America has reached $1.26 trillion — up $21 billion in a single quarter and closing back in on the all-time record, according to the New York Fed’s latest Household Debt report. Total household debt now stands at … Read more

What Is Buy Now, Pay Later? Why Millions of Americans Now Split the Grocery Bill Into Four

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What Is Buy Now, Pay Later? Why Millions of Americans Now Split the Grocery Bill Into Four What is buy now, pay later? It’s the little button at checkout — Klarna, Affirm, Afterpay, PayPal, even Apple — that splits your purchase into four painless-looking installments. And it has quietly become one of the most revealing … Read more