Ted Rossman
Senior Industry Analyst at CreditCards.com
Senior Industry Analyst at Bankrate
Senior Industry Analyst @bankrate
Articles
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1 day ago |
weau.com | Ted Rossman
You’ve likely heard that the only certainties in life are death and taxes. Or that April showers bring May flowers. Here’s another truism to add to that list: Credit card balances don’t rise in the first quarter of the year. That was once again true in 2025, as balances fell to $1.18 trillion in Q1, down $29 billion (2.4 percent) from Q4 2024, according to the New York Fed. Over the past 22 years, credit card balances fell from Q4 to Q1 on 21 occasions, and they were flat once (in 2023).
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1 day ago |
bankrate.com | Ted Rossman |Brooklyn Lowery
You’ve likely heard that the only certainties in life are death and taxes. Or that April showers bring May flowers. Here’s another truism to add to that list: Credit card balances don’t rise in the first quarter of the year. That was once again true in 2025, as balances fell to $1.18 trillion in Q1, down $29 billion (2.4 percent) from Q4 2024, according to the New York Fed. Over the past 22 years, credit card balances fell from Q4 to Q1 on 21 occasions, and they were flat once (in 2023).
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2 days ago |
abc3340.com | Ted Rossman
You’ve likely heard that the only certainties in life are death and taxes. Or that April showers bring May flowers. Here’s another truism to add to that list: Credit card balances don’t rise in the first quarter of the year. That was once again true in 2025, as balances fell to $1.18 trillion in Q1, down $29 billion (2.4 percent) from Q4 2024, according to the New York Fed. Over the past 22 years, credit card balances fell from Q4 to Q1 on 21 occasions, and they were flat once (in 2023).
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2 days ago |
foxchattanooga.com | Ted Rossman
You’ve likely heard that the only certainties in life are death and taxes. Or that April showers bring May flowers. Here’s another truism to add to that list: Credit card balances don’t rise in the first quarter of the year. That was once again true in 2025, as balances fell to $1.18 trillion in Q1, down $29 billion (2.4 percent) from Q4 2024, according to the New York Fed. Over the past 22 years, credit card balances fell from Q4 to Q1 on 21 occasions, and they were flat once (in 2023).
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2 days ago |
komonews.com | Ted Rossman
You’ve likely heard that the only certainties in life are death and taxes. Or that April showers bring May flowers. Here’s another truism to add to that list: Credit card balances don’t rise in the first quarter of the year. That was once again true in 2025, as balances fell to $1.18 trillion in Q1, down $29 billion (2.4 percent) from Q4 2024, according to the New York Fed. Over the past 22 years, credit card balances fell from Q4 to Q1 on 21 occasions, and they were flat once (in 2023).
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RT @TND: Credit card balances fell by $29B last quarter. But @Bankrate expert @tedrossman said don't be fooled by the modest decrease. A lo…
As student loan default rate spikes, some borrowers face 'grave consequences,' New York Fed says https://t.co/D7c0lpSlpc @jdickler @cnbc @bankrate
In today’s financial landscape, having a strong credit score is crucial. But how do you build good credit without falling into debt? I wrote about this in my recent @Bankrate article: https://t.co/5A5vD9DNH8