Credit Cards

Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.

Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.

The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.

Visa launched its new AI Advisory Practice as a way to add value for clients by offering insights and recommendations on implementing AI to boost business performance.

A pause in interest rate hikes may offer no relief to people dealing with large amounts of credit card debt amid high inflation. But there are ways to pay off debt quickly.

Credit card debt smashed another record at the end of September as American consumers continued to rely on their cards to pay for everyday necessities.

New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.

American Express reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns of an economic downturn.

Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.

A coalition of pro-growth groups are calling on the Biden administration to withdraw its credit card late fees rule, arguing the regulation will hurt responsible consumers.

Limiting credit card rates means credit won’t be everywhere you want to be. Capping rates will mean banks and financial companies will restrict credit cards for less risk.

Most Americans said they felt "in control of their finances," but 79% think they could be doing a better job managing them, according to a recent Affirm survey.

Credit card originations increased and balances have risen. But there are ways to pay off your high interest debt.

Consumers are growing unhappy with credit card perks designed to build loyalty as debt soars to new highs, a recent J.D.Power report stated.

Visa has introduced a $100 million investment fund dedicated to nurturing startups working in the field of generative artificial intelligence (AI).

After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

Americans are holding over $1 trillion in credit card debt, yet many are not quite sure what the monthly interest charge is, costing some spenders hundreds of extra dollars each month in addition to the monthly payment.

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.