Credit Cards

A new report from Wells Fargo indicates that late payments on credit card balances are rising - and may be a harbinger of recession in the U.S. economy.

Almost three-quarters of Americans expect the costs of sending kids back to school this year to be challenging, with most expecting to spend more on supplies, a recent U.S. News & World Report survey said.

Americans are relying on credit cards and many said they can’t pay off their balances, according to a Quicken survey.

Half of all consumers surveyed said they feel good about their finances despite inflation and rising prices, according to a recent Primerica survey.

Record credit card debt hasn't dented U.S. consumer credit and signals that a recession may no longer be in the cards for the U.S. economy, according to VantageScore.

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.