Parents are going into deeper credit card debt to cover back-to-school expenses
American households are struggling to afford back-to-school items such as backpacks, clothing and books. It's why millions of parents are carrying debt to make sure kids have what they need.
Back-to-school scams and fraudsters to beware: What families must know
Students are preparing for the back-to-school season by stocking up on school supplies. Experts warn vulnerable families of potential scams this time of year.
Credit counseling demand surges in 2024, with these states hardest-hit
New data from a credit counseling agency shows demand for financial counseling surged in the first half of 2024, signalling an increase in financial stress for consumers.
4 ways Americans use credit cards to purchase and plan for the future
Explore the reasons why 82% of US adults use credit cards and how they navigate the potential rewards and risks to their financial health.
Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants over swipe fees assessed on customers' transactions.
Most travelers trying to keep frugality in mind when planning summer travel: Experian
Gen Zers may be willing to spend on travel to live events, but most consumers remain frugal when planning their summer trips.
Many consumers stay with their banks for years unless persuaded by other bank incentives
AI and online-only perks aren't what some bank customers wants, but satisfaction with brick-and-mortar banks is declining.
Biden admin to ban medical debt from credit reports, loan decisions: reports
The Biden administration will propose a new rule to ban credit score companies from considering medical debt when they compile Americans' credit reports.
Credit card spending the leading reason why 78% of Americans have debt regret: survey
Roughly 78% have a financial regret, with 21% saying they most lamented "charging up too much credit card debt," according to the Debt.com survey.
Visa changes coming this year will mean fewer cards for Americans
Visa says it has "reinvented" the card, and Americans will soon be able to make payments from multiple credit and debit account options using a single card.
New survey sheds light on how small business owners are staying resilient amid uncertainty
A new survey of small business owners by Capital One found offered insights into how they deal with adversity and stay resilient despite the stresses that come with running a business.
Credit card delinquencies are surging
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of worsening financial stress.
Expert offers financial planning tips for new college grads
New college graduates entering the workforce face financial decisions from managing student loan debt, building credit, saving for retirement, building emergency funds and more.
Six moves you’re making that can ruin your credit score
Even people with favorable credit scores and those who practice sound money habits can sometimes make foolish choices when it comes to their credit scores.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Financial coach warns Americans' credit score drop points to 'uncertain economic times'
Finance coach Jeannie Dougherty warns the decline in the average credit score of Americans is evidence of these "uncertain economic times," and explains what is happening.
Credit scores fall for the first time in a decade as Americans struggle to save, keep up with payments
Credit scores have fallen for the first time in a decade as consumers struggle to make payments on time and save money, according to a recent report from FICO.
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Swipe fees are growing more costly for retailers and consumers, but the Fed is attempting to lower them.
Best rewards credit cards where you can use points toward things like travel, cash back
With a rewards credit card, you can easily earn points for the money you are spending. This guide is full of the best of the best in point-based rewards credit cards.