Americans' credit-card debt hits new record in November
The Federal Reserve reports revolving credit rose by 11.2 billion to 1.023 trillion, surpassing April 2008’s high. Non-revolving debt climbed to 2.8 trillion, while delinquencies edged up to 7.5 percent, signaling rising stress for lower-income households amid slower wage growth.
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U.S
Federal Reserve
Fed
UBS
Stephen Caprio
Caprio
Matt Schulz
CreditCards.com
Schulz
Tax refund advance offers tempt buyers amid last-minute bills
Tax preparers market 0 percent loans up to 3250 with no fees but tax prep charges apply. lenders include H R Block Jackson Hewitt Liberty Tax and MetaBank offer refinances tied to expected tax refunds. The piece warns readers to weigh timing costs and potential fees and notes IRS delays on refunds with earned income and additional credits.
MENTIONED IN THIS ARTICLE
Jon Hamm
Hamm
Jackson Hewitt
H&r Block
Liberty Tax
Internal Revenue Service
IRS
MetaBank
Sioux Falls
S.C
Bofl Federal Bank
San Diego
Republic Bank & Trust Company
Louisville
Liberty
Walmart
Irs.gov
Accounting Aid Society
Detroit
Chi Chi Wu
National Consumer Law Center
American Express
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