FCTI - Blog

5 Strategies for Paying Off Debt

Posted by Rebecca Hellmann on Sep 9, 2020 6:15:00 AM

Consumer debt in the United States has hit a record high of $4.19 trillion. Over a quarter (26%) of that money is held on credit cards. Around 73% of those funds are tied up in automotive loans, student loans, or mortgages. With numbers like these, it is no wonder over half of Americans (60%) feel burdened by their financial situation.

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Topics: payment options, consumer budgets, household budgets, personal finance

Real Cash Use by Age Group [InfoGraphic]

Posted by Rebecca Hellmann on Aug 7, 2018 6:10:00 AM

Despite a growing perception surrounding declining reliance and use of cash, recent studies show a much different picture.

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Topics: bank ATMs, credit union ATMs, self-service, cash use, payment options