Americans now owe a staggering $18.19 trillion as credit card debt keeps climbing

https://fed.brid.gy/r/https://nerds.xyz/2026/05/us-consumer-debt-2026/

New from the NY Fed: 3.6 million federal student loan borrowers have defaulted since October 2025. Profile of the defaulter has shifted — older (avg 38.9), more concentrated in the South, and most were not past due before the pandemic payment pause. #StudentLoans #ConsumerFinance #EconNews https://thecollegeinvestor.com/80507/ny-fed-3-6-million-federal-student-loan-borrowers-have-defaulted-since-october/

Could the Supreme Court ease your household costs? The Supreme Court may soon rule on President Trump's tariff agenda. A decision against these import taxes could reduce consumer prices. Learn more about the potential economic impact.
https://www.cnbc.com/2026/02/19/supreme-court-tariff-ruling.html #SupremeCourt #Tariffs #Economy #ConsumerFinance

Morgan Chittum's report reveals: High credit card bills got you down? Calls for an interest rate cap could reshape consumer finance. Inflation squeezes consumers, pressuring issuers like Capital One. Read how this debate impacts your wallet.
https://www.cnbc.com/2026/02/13/what-a-credit-card-interest-rate-cap-would-mean-for-issuers-like-capital-one.html
#CreditCards #ConsumerFinance #Inflation

Experian is using ChatGPT to sell you auto insurance

https://fed.brid.gy/r/https://nerds.xyz/2026/02/experian-chatgpt-auto-insurance/

Hugh Son reports: Will Congress cap credit card rates at 10%? President Trump is urging Congress to cap credit card rates at 10%, a move following his social media order for banks to voluntarily lower them. Analysts see limited bipartisan support for such legislation. Learn more about the potential impact and banking industry's response. https://www.cnbc.com/2026/01/21/trump-congress-10percent-credit-card-interest-rate-cap.html #CreditCards #ConsumerFinance #Banking

Could a credit card cap shake up local economies? Hugh Son reports that Jamie Dimon suggests testing President Trump's proposed 10% credit card rate cap in Vermont and Massachusetts to assess its potential economic effects. Understand the implications. https://www.cnbc.com/2026/01/21/jamie-dimon-trump-credit-card-rate-cap-vermont-massachusetts.html #CreditCards #ConsumerFinance #Banking #EconomicPolicy

Hugh Son reports: Will a 10% credit card rate cap impact you? Major banks are resisting President Trump's push, with JPMorgan & Citigroup warning it would close accounts & harm consumers. Learn why this confrontation is brewing.
https://www.cnbc.com/2026/01/14/trump-credit-card-cap-banks-fend-off-controls.html #CreditCards #Banking #ConsumerFinance #Trump