Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some banks to tighten their lending practices as debt delinquencies pile up.

A new AARP study found that nearly half of Americans over 50 carry over credit card debt month to month. Half of them feel financially insecure.

If you’re in your 50s and carrying credit card debt, you’re far from alone. Experian says that, as of 2024, Gen Xers owed an ...