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Some Americans have become saddled with credit card debt as rent,...

NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...

Retail sales up 0.3% in November, showing how Americans continue to...

NEW YORK (AP) – Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still...

WalletHub: R.I. has 29th-highest credit card debt in nation

PROVIDENCE – Rhode Island has the 29th-highest credit card debt in the nation, according to a WalletHub study published Tuesday. The personal finance website...
RHODE ISLAND ranked 34th for credit card debt burdens relative to income in the U.S., according to a report by creditcards.com. / AP FILE PHOTO / STEVE HELBER

Report: Rhode Islander’s ability to pay off credit card debt ranks...

PROVIDENCE – Rhode Island ranked No. 34 in the United States for the average amount of credit card debt and the capacity to pay...

Credit card debt is at record high

NEW YORK (AP) – With the Federal Reserve deciding Wednesday to raise interest rates again, credit card debt is already at a record high,...

WalletHub predicts post-pandemic increase in credit card debt

PROVIDENCE – After paying down a record $82.1 billion in credit card debt during 2020, consumers are projected to take on $60 billion more...

Report: Providence credit card users carry median $3.7K in card debt...

PROVIDENCE – Credit card users in the Providence metropolitan area had a median credit card debt of $3,736 to start 2021, ranking third highest...

The strength of U.S. consumers is overstated

The consensus is that the U.S. consumer is still strong enough to propel the economy forward even though the manufacturing sector has weakened. But...

Report: Rhode Island middle of the pack for credit card debt...

PROVIDENCE – Rhode Island has the No. 29 highest credit card debt burden in the country, according to a report from CreditCards.com last week. The...
U.S. CONSUMER CREDIT increased $9.5 billion in September, the slowest growth rate since June 2018. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

U.S. consumer credit rises at slowest pace since June 2018

WASHINGTON – United States consumer credit rose in September at the slowest rate since mid-2018 as Americans carried smaller credit card balances. Total credit increased...
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