F alling behind on credit card payments can be a tough issue to deal with, but it becomes even more challenging when your debt is sent to collections. When that happens, the frien

Americans' credit card debt just hit a new all-time high of $1.17 trillion, according to the New York Federal Reserve.

Credit Card Users Are Still Paying Off Last Year’s Holiday Debt Americans tend to overspend during the holiday season. In fact, some borrowers are still paying off debt from last year’s purchases. To that point,

Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.

It's a good idea to use your credit card whenever you're renting a car, booking a trip, or shopping online. Read on to find out why.

Key Takeaways An Employee Benefit Research Institute survey found that more than two-thirds of retirees had outstanding credit card debt in 2024, up from 40% in 2022.Even though inflation has cooled,

Americans have been doing a lot of swiping and tapping, racking up debt on their credit cards. A new report by the New York Federal Reserve finds that consumers owe a record $1.1 trillion on their credit cards.