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.
Topics: payment options, consumer budgets, household budgets, personal finance
Despite a growing perception surrounding declining reliance and use of cash, recent studies show a much different picture.
Topics: bank ATMs, credit union ATMs, self-service, cash use, payment options