Credit & Debt

Paying down credit card debt can be achieved through one of three credit consolidation methods: balance transfers, home equity, and personal loans. Learn more.

Student loan borrowers saw credit scores increase during the COVID pandemic, according to a new study that suggested the loan payment freeze played a factor.

Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.

American household credit card debt surged by the highest amount in over 20 years during the second quarter, according to the New York Federal Reserve.

Judiciary Committee Chair Rep. Jerry Nadler, D-N.Y., on Monday called on President Biden to pause an eventually cancel student debt, citing "monkeypox cases on the rise."

The Department of Education expected the federal student loan program to generate $114 billion in revenue, but it actually wound up costing $197 billion.

If you’re dealing with thousands of dollars in credit card debt, try these 4 strategies for tackling it.

Consumers are paying about $12 billion per year in credit card late fees. Now, the CFPB is looking into what credit card companies are charging consumers.

Global corporate net debt has been falling in the past year as higher borrowing costs reduce the appetite for new financing.

Former Federal Reserve Vice Chair Randal Quarles argues while the Fed will get on top of inflation, the increased cost of debt service will cause financial disruption.

If your personal loan application is denied, learn some steps you can take to boost your chances of success the next time you apply.

About 200,000 people will have roughly $6 billion worth of student loan debt canceled under a deal reached by the Biden administration this week.

A home equity loan can be an effective tool to pay off debt and save money on interest in the long run. Learn how to use one for debt consolidation.

Online shopping can result in impulse purchases and the temptation to overspend, keeping consumers from meeting their financial goals, according to a new survey.

Make the most out of your debt repayment plan by taking these simple financial steps after credit card consolidation.

Bankrate.com senior analyst Ted Rossman advises consumers to pay off credit card debt soon as "things change fast" amid recession fears and interest rate hikes.

Experian will soon begin reporting buy now, pay later payments, but it won't affect your credit score. Here's how it works.

Debt consolidation works by combining multiple debts into one. It can lower your interest rate and help you get out of debt sooner. Learn more.

Some consumers have increased their credit card usage as prices rise but they are also paying down more of their debt, according to a TransUnion study.

Republican Sen. Rand Paul on Monday introduced a new bill that calls for a balanced budget over the next five years with a series of spending cuts.