Consumer Financial Obligations Ratio Reflects Lower Credit Card Debt
Financial Obligations Ratio (FOR) and the Consumer Service Ratio (DSR) for U.S. consumer credit continues to edge downward. According to the Federal Reserve, on …
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Artificial Intelligence Seeping into Robust Personal Travel Abroad
Americans are slowly (about 20%) becoming comfortable utilizing artificial intelligence, via travel bots (e.g. Alexa or Google Home) to book personal trips abroad. The …
Credit Card Debt Rises Slightly in November Driven by Holiday Spending
U.S. consumer credit card debt (revolving) for November, mostly credit card debt (95%), remained above the $1 trillion level for the ninth consecutive quarter. …
Credit Card Shutdown Will Be Costly – Don’t Get Walled In – Tips for You
If you are a “pawn” caught up in “Great Trump Shutdown” with no paycheck or reduced earnings, then you should take some steps to …
Rewards Credit Card Offers Round-Up Points & Redemption Points Back
A new rewards credit card is being launched by Citibank on January 10th offering new twists. The Citi Rewards+ Mastercard will round up to …
Holiday Spending Stresses Out Americans
Holiday spending stresses out about a one-third of Americans. As one shopper confessed I would rather be one of Jehovah’s Witnesses and not celebrate …
Credit Card Delinquency Up Despite Strong Economy – Scares Bejesus Out of Issuers
Credit card delinquency is rising in the U.S. while employment numbers fall and spending rises. Maybe the nectar is too good. Major credit card …
Homeownership Makes Sense for Most Consumers – Single Women Get It
New research shows among the 50 largest metropolitan areas, single women own more homes than single men do. On average, single women own more …
Sports Credit Card with Wings in the Bull Pen
A sports credit card is coming next year following a first-of-its-kind partnership between a sports property and an airline. Minor League Baseball is teaming …
U.S. Credit Card Debt Growing 6.7% Annually — Total Debt to Top $4T in December
U.S. consumer credit card debt (revolving) for October, mostly credit card debt (95%), remained above the $1 trillion level for the eighth consecutive quarter. …
