Miami Bankruptcy Attorney- Law Offices of Alberto H. Hernandez, P.A.

09/02/2026

Credit cards were once reserved for emergencies or big purchases. For a growing share of Americans, they've become the default way to pay for groceries.

Accredited Debt Relief reports that groceries are now America's top reason for credit card debt, with 66% of adults using credit for food expenses.

09/01/2026

Credit card debt continues to play a significant role in household finances, as balances rose again in the second quarter and many consumers continue to carry revolving debt from month to month.

Navicore Solutions outlines warning signs that persistent credit card debt may be limiting household financial flexibilityMANALAPAN, N.J., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Credit card debt continues to play a significant role in household finances, as balances rose again in the second quarter and....

08/28/2026

A new TransUnion analysis found that financially distressed consumers who enroll in third-party debt settlement programs may experience greater credit score declines than consumers who file for bankruptcy.

A new TransUnion (NYSE: TRU) analysis found that financially distressed consumers who enroll in third-party debt settlement programs may experience greater credit score declines than consumers who file for bankruptcy. The analysis also found that nearly half of debt settlement enrollees were current...

08/26/2026

With consumer prices rising throughout the country, Americans are feeling the pinch at the grocery store and the gas pump, and they are accumulating “survival debt”—liabilities accrued to pay for everyday expenses. As more people struggle to make ends meet and consumer debt reaches record highs, financial stress is rising.

With consumer prices rising throughout the country, Americans are feeling the pinch at the grocery store and the gas pump, and they are accumulating “survival debt”—liabilities accrued to pay for everyday expenses. As more people struggle to make ends meet and consumer debt reaches record high...

08/25/2026

Americans owe more than a trillion dollars in credit card debt, up 60% from just five years ago. Meanwhile, higher interest rates make debt even more difficult to pay off, a downward spiral causing credit card delinquencies to surge.

Americans owe more than a trillion dollars in credit card debt, up 60% from just five years ago. Meanwhile, higher interest rates make debt even more difficult to pay off, a downward spiral causing credit card delinquencies to surge. Economics correspondent Paul Solman explains.

08/24/2026

In 2025, 33% of adults 60 and older said they had carried a credit card balance at some point during the year, according to the Federal Reserve.

08/21/2026

The per capita credit card debt in Florida rose 4.3% year-over-year and is 16% higher than the national average.

08/20/2026

An old debt appearing on your credit report doesn't necessarily mean it belongs there. So, before you pay the debt or dispute it, it's important to understand whether creditors can legally re-add old debt to your credit report — and if so, why.

Old debt can occasionally resurface on your credit report, but that doesn't necessarily mean it belongs there.

08/19/2026

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says. More below ⬇️

08/18/2026

Gen Z sits at the low end for now, but its balances are rising fast -- up 87% since 2016. No generation is truly pulling away from debt; some just started later.

Low credit limits, a preference for debit, and a shift to buy now, pay later all help explain why younger Americans carry less card debt.