Do you know how much debt credit card debt you carry? A recent survey shows that many people do not – particularly women between the ages of 18 and 36.
Thirty-four percent of Millennial women who have credit card don’t know precisely how much they owe, according to the survey, and 40% who have student loans don’t know the exact amount of that debt. The survey, which asked more than 1200 women about their finances, was conducted by Toluna Quicksurveys for the 1,000 Dreams...
With employment problems and a struggling economy to deal with, more and more American consumers are seeing their credit cards as their last life line. Unfortunately, as credit debt problems continue and credit companies try to secure their future profitability when the credit card bill comes into play, credit is drying up at an alarming rate.
Equifax, a company specializing on providing credit data to credit companies and similar companies recently released data showing that access to...
When the credit card bill becomes active, students, specifically college students, are going to find that getting a credit card will no longer be as easy as it is right now. That's because the credit card bill will be regulating how credit card companies market their products to the under-21 market.
The legislation is grounded on findings that, among credit cardholders, college students are one of the most burdened with credit debt. So much so that, by the time that they graduate, they are...