For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer ...

Experts say slower debt growth and lower rates could give consumers new opportunities to pay down balances and save money.

As credit card debt continues to mount across the U.S., one generation in particular is far less likely to be paying accrued ...

There is much to take away from the CFPB review of the credit card market. In 2024, purchase volume increased to $3.6 ...

Overwhelmed with large credit card balances? You’re not alone! Americans have a record high credit card debt of $6,360 each, on average. And soaring interest rates of more than 24% can make it feel ...

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 ...

Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over ...

Moving debt to a lower-interest card can buy you time and money. Used casually, it can also keep you stuck in a loop of ...

(TNND) — Credit card balances fell by $29 billion, or about 2%, last quarter, according to the New York Fed's report on household debt that was released Tuesday. Credit card balances for Americans now ...

Erin is a personal finance expert and journalist who has been writing online for nearly a decade. Her passion for teaching others about personal finance came from her own experience of learning to ...