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Category credit card debt

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US Credit Card Debt Soars To $1,140,000,000,000 As Bank of America CEO Issues Warning on ‘Depleting’ American Consumer

US Credit Card Debt Soars To $1,140,000,000,000 As Bank of America CEO Issues Warning on ‘Depleting’ American Consumer

Americans are holding more household debt than ever before as one of the biggest banks in the country warns of a weakening US consumer. According t...
Aug, 18, 2024
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
‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s ...
Apr, 02, 2023
2 min read
by Bitcoin News