Whether you’re new to the world of credit cards or an established pro, it’s essential to understand the terms that appear on your credit card statement. Two terms that may cause confusion, even if you ...

Discover what a zero balance card is and learn how it can benefit your credit score by reducing debt and managing your credit utilization effectively.

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

Used well, a balance transfer card can turn high-interest debt into a predictable payoff plan instead of a monthly scramble.

Total household debt in the U.S. increased by $185 billion in the second quarter to reach $18.39 trillion, according to the most-recent New York Fed report. Mortgage balances, auto loan balances and ...

Americans’ credit card balances rose 2.4 percent in the second quarter of 2024 to a record-high $1.14 trillion, according to the New York Fed. That marks a staggering 48 percent increase since the ...

Two of the most common ways to consolidate debts are balance transfer credit cards and personal loans. Both can help you save money and simplify payments, but which one works best will depend on ...

Credit card bills are increasing nearly everywhere in the U.S., as the average credit card balance approached $6,700 among all U.S. consumers in the second quarter of 2024. But in some locales, a ...

This habit can cause your credit score to drop month after month. “Ideally, you want to keep your credit utilisation below 30 ...

Credit card balances are climbing again, and the latest jump of roughly $27 billion in just three months is landing at a moment when more borrowers are starting to fall behind. The surge is helping ...