Credit Cards

Most Americans are dealing with high levels of credit card debt, but Gen Z is particularly prone to high credit card debt.

DoubleLine Capital CEO and founder Jeffrey Gundlach weighs in on the state of the U.S. economy and whether the country will go into a recession this year.

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 data published Thursday by TransUnion shows the average debt per borrower hit $6,218 at the end of the first quarter, an 8.5% increase from one year ago.

The Biden Administration is trying to stop junk fees, but a judge put a stop to a rule capping credit card late fees at $8.

New York Federal Reserve data released Tuesday shows household debt hit a fresh record in the first quarter of 2024 amid a surge in mortgage balances.

New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.

The Consumer Financial Protection Bureau is investigating what it is calling "bait and switch" schemes that are related to credit card rewards programs.

Gen Z adults ages 22-24 are taking out more credit lines and racking up more debt than millennials of the same age did a decade ago, and experts are concerned the problem could get worse.

High inflation is forcing more small businesses to rely on credit cards to finance their operations, according to new data published by Bank of America.

Over a third (34%) of respondents said they liked BNPL because it allowed them to pay for purchases over time without paying interest, and 22% liked the option because it was easier to access than credit cards, according to the Achieve survey.

14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.

A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.

The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.

Chase has launched a new platform, Chase Media Solutions, that allows marketers to target the bank's 80 million customers with ads based on their purchase histories.

The inflation crisis is forcing a growling number of Americans to rack up credit card debt and tap their retirement savings, according to a new study.

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 paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.

Missed payments and high levels of inflation has led to lower credit scores for consumers.

Swipe fees are growing more costly for retailers and consumers, but the Fed is attempting to lower them.