CFPB reports average household pays $1K in credit card interest and fees annually
Americans paid $120 billion in credit card interest and fees each year between 2018 and 2020, according to the CFPB.
Credit balances spike as Americans become increasingly reliant on credit card debt
Credit card balances have reached pre-pandemic levels, according to the Federal Reserve, which means that many consumers may be looking for ways to consolidate multiple debts.
Inflation surges at fastest rate in decades: What it means for you
CPI data shows that consumer prices have risen 7% in the past year, which is the fastest rate of inflation since 1982.
Average personal loan rate plummets to new record low, Fed reports
Two-year personal loan rates fell to 9.09% in Q4 2021, which is the lowest it's been since the Federal Reserve began collecting this data.
Gen Z consumers resolve to save money and spend less in 2022, study finds
More than half (57%) of Gen Z consumers who have set long-term goals for 2022 opted for a financial New Year's resolution, according to a new survey.
How to keep your New Year's financial resolutions, according to an expert
January is the perfect time to reflect on your money habits in the past year and find ways to improve your spending behavior, so you can have peace of mind about your financial plan.
Can you pay student loans with a credit card?
You can pay student loans with a credit card using a balance transfer, but it's best to avoid transferring student debt to a high-interest card. Learn more.
Getting out of debt is a top New Year's resolution, study finds
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.
5 New Year's financial resolutions for beginners to build better money habits in 2022
If your goal is to build better spending habits next year, consider these tips to meet your short-term and long-term goals.
Here are 3 ways to pay off holiday debt quickly
Growth in holiday spending could reach an all-time high in 2021. Here are ways to pay down your holiday debt quickly.
I’m retired and struggling to pay off $25,000 in credit card debt. What can I do?
The Credible Money Coach helps a retiree understand her options for managing credit card debt.
Lending to borrowers with low credit scores could increase in 2022, TransUnion forecasts
Auto loans, credit cards and personal loans to borrowers with low credit scores could increase in 2022, a new TransUnion forecast shows.
How to avoid gift card scams as they surge this holiday season
Credit card expert Ted Rossman raises red flags to prevent you from falling for gift card scammers this holiday season.
Amazon's most-loved holiday gift ideas for 2021 revealed
Your search for holiday gift ideas ends here. Keep reading to browse some of Amazon's most-loved gifts of 2021, and learn about consolidating holiday debt when the gift-giving season is over.
How can I get my lender to report my good payment history to the credit bureaus?
Reader asks the Credible Money Coach how to get truck payment history report to credit bureaus.
Black Friday shopping declines as Cyber Monday expected to be top spending holiday of 2021
This holiday shopping season, consumers are ditching short-term Black Friday deals in favor of a more long-term online shopping strategy, according to a new report.
Credit card applications are on the rise
Americans are applying for credit cards at a rate not seen since before the pandemic.
Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
This Black Friday, what’s the best way to pay?
Two payment options are vying hard for shoppers’ attention this Black Friday: “buy now, pay later” services and store credit cards.
Need cash for holiday shopping? Here are 3 ways to borrow strategically
If you need to borrow money for the holidays, read this guide to learn more about your loan options.


















