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Category Consumer debt

MainNewsConsumer debt
$1,760,000,000,000 in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High

$1,760,000,000,000 in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High

Americans have burned through a staggering $1.76 trillion in savings since 2020, according to new consumer data. Stats from the Federal Reserve sho...
Jul, 05, 2023
2 min read
by The Daily Hodl
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance

Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance

According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit d...
Jun, 24, 2023
3 min read
by Bitcoin News
US Government Debt To Surpass $51,990,000,000,000 by 2033 As Current Consumer Debt Shatters $17,000,000,000,000: Statista

US Government Debt To Surpass $51,990,000,000,000 by 2033 As Current Consumer Debt Shatters $17,000,000,000,000: Statista

US government debt is projected to skyrocket over the next decade as consumers cross an all-time high in debt accumulation. Citing data from the Ne...
Jun, 11, 2023
2 min read
by The Daily Hodl