credit card debt
4 stories
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financeCredit Card Debt at US Commercial Banks Hits Record $1.09 Trillion
Federal Reserve data shows record credit card debt at US commercial banks, with implications for tokenization and real-world asset markets.
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financeGreece Caps Consumer Loan Repayments to Curb Abusive Banking Practices
Greek PM Mitsotakis proposes legislation to cap total repayment on consumer loans up to €100,000, aiming to protect borrowers from high interest rates and fine print.
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financeJPMorgan, Citi, Wells Fargo Write Off $5.6 Billion in Bad Loans
Major US banks report significant loan write-offs in Q1 2026 as consumer credit card debt reaches a record high, despite economic resilience.
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financeFICO Scores Dip Amid K-Shaped Credit Divide
Gen Z faces sharp credit declines as student loan delinquencies resurge, while top scores hit record highs. FICO warns of growing financial inequality and knowledge gaps.