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home / news releases / IPAY - U.S. credit card balances hit record $870B in December: Fed


IPAY - U.S. credit card balances hit record $870B in December: Fed

  • U.S. credit card balances rose by $26B during the last quarter of 2018 to hit a record $870B as of December and "marks the first time credit card balances re-touched the 2008 nominal peak," according to a Federal Reserve report.
  • More news on: Visa Inc., Mastercard, Inc., American Express Company, Financial stocks news, News on the U.S. economy, News on ETFs,
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Stock Information

Company Name: ETFMG Prime Mobile Payments
Stock Symbol: IPAY
Market: NYSE

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