Credit Cards

Credit card debt increased to a record high in the second quarter as total household debt reached $17.06 trillion. And the Fed’s interest rate hikes to lower inflation could impact what consumers pay for credit. But there are multiple ways to pay off high-interest debt.

A recent boost to the credit scores of some previously subprime-rated borrowers doesn't paint an accurate picture of payment behavior, according to a TransUnion report.

Credit card debt surpassed $1 trillion for the first time ever in June as American consumers continued to rely on their cards to cover everyday expenses.

Post-pandemic, 35% of Americans said they are carrying their highest level of debt ever; 43% said their debt is close to or at a historic low, according to a Northwestern Mutual survey.

Federal Reserve data released Tuesday is expected to show that U.S. households are carrying $1 trillion in credit card debt, the highest level on record.

Skyrocketing costs also pushed 51% of Americans to increase their reliance on credit cards and why balances have surged in that time period, according to a recent Debt.com survey.

A surprise airport layover doesn't have to be a terrible thing. Travel pros share smart ways to make the best of layovers — and how to spend time wisely without breaking the bank.

Fifty-five percent of Americans who felt financially overextended and 30% of customers with healthy financial situations are among the biggest buy now, pay later (BNPL) users, according to a recent J.D. Power report.

Tim Cook encountered temporary difficulty early on in obtaining one of Apple's credit cards, once getting a denial in 2019, The Information reported.

Despite inflation and rising costs, more consumers said they were planning for a bigger spend on holiday gifts, according to a recent survey by Optimove.

Parents plan to cut back on back-to-school purchases by 10%, spending an average of $597 per student, according to the Deloitte survey.

American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.

Credit card debt is rising and while American consumers' spending shows confidence in their finances, high credit card interest rates loom as a threat if the economy slow.

Credit cards continue to be the primary source of personal debt in America, accounting for more than double any other single source, according to experts.

Americans saw their credit scores surge during the pandemic, but new data shows many of those same borrowers have started to see their scores slip back to previous lows.

Apple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.

Senators reintroduced bipartisan legislation that aims to reduce swipe fees for credit cards by increasing competition within the industry but would also remove the key funding mechanism of cash back rewards and points.

A report by CreditCards.com found that Mississippi had the highest credit card debt burden in the U.S. when factoring in household income while Massachusetts had the lowest.

Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.

House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.