Credit & Debit

U.S. households spent a total of $128 billion on detrimental credit impacts, overdraft fees, late fees and identity fraud costs per year, according to new data.

Ninety percent of respondents said they are concerned about inflation and 34% said that this holiday season's gift-giving would strain their finances.

American Express said Friday that some of its cardholders are having problems using their credit cards and that they were working to "resolve" the problem.

Consumers are growing more pessimistic as inflation expectations tracked by the Federal Reserve Bank of New York increased across all horizons, while unemployment expectations deteriorated.

WalletHub ranked some of the best credit cards for shopping as the holiday season kicks off. The cards offer a variety of rewards and cash bonuses for consumers squeezes by inflation.

Consumers are paying less toward their credit card balances than they did during the pandemic, according to TransUnion. Here are ways to help you pay down your debt quicker.

Ramsey Solutions personal finance experts Dave Ramsey and George Kamel joined "Fox & Friends" and shared tips with Fox News Digital on how to live without credit cards amid high interest rates and inflation.

In a blog post, Experian wrote that overall monthly debt payments "are still lower than they were during the pandemic."

Visa and Mastercard are being investigated by the Federal Trade Commission over their methods of routing digital transactions involving security tokens.

Jay Clayton, known for his role as chairman of the Securities and Exchange Commission from May 4, 2017, until Dec. 23, 2020, joined American Express' board of directors.

Credit card rewards can be a great way to get extra cash in today's economic turmoil as long as they are being paid off on time. If not, your costs may outweigh your rewards.

Financial stress and the use of alternative financing options means consumers are relying less on traditional credit cards, a study from J.D. Power said.

After a pandemic and now record-high inflation, many Americans are piling up credit card debt to cover expenses and pay bills. Yet this is not wise — here's how to break the cycle.

Inflation is forcing more Americans to rack up credit card debt in order to keep spending as the price of everyday necessities like food and gasoline surges higher.

Apple’s foray into the buy now, pay later (BNPL) space with its newly announced Apple Pay Later product may have potential consequences, the CFPB warned.

Despite sky-high inflation, growing consumer debt and recession jitters, Americans' credit scores are holding steady, according to analytics firm FICO.

Florida woman Nydia Jenkins filed a class action lawsuit in federal court against Equifax over inaccurate credit scores the company blamed on a coding issue.

Equifax sent incorrect credit scores to to banks and nonbank lenders that may have been off by as much as 20 points in either direction.

The tech giant is bringing lending and credit assessment in-house for the first time through Apple Financing LLC.

Millennials and Gen Z Americans are using buy now, pay later services as prices rise. They are using BNPL to pay for essential services as well as luxury purchases.