Furthermore, the COVID-19 pandemic has exacerbated the issue of credit card debt in many countries, as individuals struggle to cope with job losses, income instability, and rising living costs.

Check out how credit card usage and attitudes toward debt differ among different generations in the U.S. in 2024, as compiled by Forbes Advisor.

It says that as of November 2009, 56% of consumers used a credit card in the last 30 days. That's a huge decline from 87% and 64%, in 2007 and 2008, respectively.

It might be easy to assume that most people are relying on their credit cards to help make ends meet during the coronavirus outbreak — but credit card usage has only captured an additional 3.4% ...

First and foremost, those seeking to build a Canadian credit profile should develop a deeper understanding of the ...

Experian analyzed data from account holders across the country to find out how each generation uses credit cards.

You probably know the importance of using your credit card within responsible limits and paying the bill on time every month. But an important factor you may be overlooking is how often you use ...

We used Card Rates’s data of average credit card debt for each country, as of late 2023. For countries whose data was not mentioned on that platform, other aforementioned sources were used to ...

Experian analyzed data from account holders across the country to find out how each generation uses credit cards.

The country’s emphasis on sustainability and work-life balance may sometimes clash with consumerist tendencies that drive credit card usage. 2. Japan. Median Credit Card Debt: $2,900. In Japan ...