Credit Cards

House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.

While investors are optimistic the Federal Reserve will pause interest rates this month, the move is unlikely to bring relief to stretched consumers holding credit card debt and variable rate loans.

Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.

U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.

Lawmakers are pushing legislation that would reform the credit card industry with the purpose of fostering greater competition, prompting widespread outcry from a diverse coalition.

There are many different credit cards that provide users with rewards based on their spending. These rewards come in the forms of cash back, points or miles.

New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.

Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.

Federal Reserve data released Monday is expected to show that U.S. households are carrying $1 trillion in credit card debt, the highest level on record.

Checking your credit score can help you in many ways, especially if you're about to take out a new line of credit such as new credit card or a new loan from a bank.

Inflation and rising costs mean Americans will spend more on Mother's Day. The National Retail Federal forecasted that shoppers will spend a record $274 per person on gifts for moms this year.

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit tier decreased, according to VantageScore.

The CFPB announced an extension of the comment period for proposed changes to credit card late fees regulations.

While buy now, pay later plans offer financial flexibility, they introduce a high risk of debt, and can leave the user unprotected if something goes wrong.

Personal loans, 0% balance transfer credit cards and debt repayment are all options for paying down credit card balances and maintaining healthy finances.

High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.

Consolidating credit card debt could help you get a lower interest rate and potentially pay off your debt faster. Learn how to consolidate credit card debt here.

Walmart has filed a lawsuit against credit card partner Capital One. The retailer did so in connection to the contract it has with Capital One for the bank to issue its cards.

Increasing your credit spending limit allows you more spending power, but introduces more risks. Requesting a high credit limit isn't difficult, but there are factors to consider.

Want to manage your credit card debt? Learn how credit card consolidation loans can help you reach your financial goals.