People are resorting to credit cards and unsecured personal loans to cope with the bite of high inflation, new data shows — all while borrowing costs rise and the U.S. Read more
Tag: suggested reading – banking
Consumer credit surges again May to another record high
The numbers: The amount of credit consumers used in May rose by a sharp $22.3 billion, but it slowed from the breakneck pace in the prior three months. Economists had expected Read more