Consumer Credit

A close-up of a customer making a contactless payment with a blue card using the SumUp Solo card reader. In the background, a larger point of sale (POS) system is visible, emphasizing the versatility and modern design of SumUp's payment solutions. The scene reflects a sleek and efficient checkout process ideal for small businesses, beauty salons, cafes, or retail environments.

Groceries Go on the Card. The Card Payment Comes Out of Groceries.

In a survey of two thousand people already carrying at least ten thousand dollars in unsecured debt, two-thirds had put food on a credit card in the past year — more than any other purchase. Seven in ten said the balance came from ordinary spending rather than anything they chose.

By Margaret Holloway 7 hours ago

Aerial view of lots of cars lined up in a junk yard to be scrapped for parts in Calgary, Alberta Canada.

Money

The Auto Loan Becomes the Household's Weak Link

Car payments have climbed faster than incomes for most of a decade, and the loans stretched to absorb the difference. Delinquency is now rising in a category households historically protected above almost everything else.

By Daniel Okafor August 20, 2026

Consumer Credit

Tagged stories

Groceries Go on the Card. The Card Payment Comes Out of Groceries.

The Auto Loan Becomes the Household's Weak Link