Bankrate: 48% of Credit Cardholders Carry Debt From Month to Month and More Than Half Have Been in Credit Card Debt for at Least a Year
January 10, 2025
January 10, 2025
NEW YORK, Jan. 10 (TNSres) -- Bankrate, a provider of financial services, issued the following news release:
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Nearly half of credit card debtors cite emergency/unexpected expenses as primary cause, followed by day-to-day expenses
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Almost half of credit cardholders (48%) carry debt from month to month, according to a new survey by Bankrate. This is down slightly from 50% in mid-2024 but up from 39% in late 2021. Additionally, just over . . .
* * *
Nearly half of credit card debtors cite emergency/unexpected expenses as primary cause, followed by day-to-day expenses
* * *
Almost half of credit cardholders (48%) carry debt from month to month, according to a new survey by Bankrate. This is down slightly from 50% in mid-2024 but up from 39% in late 2021. Additionally, just over . . .