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Updated on: May 14, 2026 / 3:21 PM EDT
/ CBS News
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Following a series of disappointing inflation reports, credit card users in debt should consider these questions now.
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By
Updated on: May 14, 2026 / 3:21 PM EDT
/ CBS News
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Credit card issuers are under renewed fire in Washington as persistent inflation leaves many Americans struggling to make ends…

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Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New…

President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift backlash…

Collectively, Americans owe $1.25 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New…

One missed payment could ding a credit score by about 80 points, on average, according to a new report by LendingTree.