3 important things to know if your credit card debt goes to collections
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
This Week In Credit Card News: Credit Card Debt Surges To A Record High
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,
Retirees' Credit Card Debt Levels Are Climbing
A Employee Benefit Research Institute survey found that more than two-thirds of retirees had outstanding credit card debt, up from 40% in 2022.
Need Credit Card Debt Relief? Debt Management Could Help
If you’ve been denied a credit card hardship plan or offered terms that you can’t afford, credit counseling may get your finances on track.
Credit card debt rose by $24 billion in the third quarter
The Federal Reserve Bank of New York's Center for Microeconomic Data has released its latest Quarterly Report on Household Debt and Credit, revealing a sig
What happens if you miss a credit card payment?
Missing credit card payments will add to your debt balance and over time can damage your credit. Late fees and interest grow the longer you wait to pay your credit card statement. If you forgot to pay a bill or need help moving a due date, contact your issuer as soon as possible.
Want to have your credit card debt forgiven? Avoid these 3 costly mistakes
If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.
Here's Why You Should (Almost) Never Cancel a Credit Card
Unlock a bonus worth $250 and pause interest into 2026 – this credit card is the perfect combo! Learn more here. You may be inclined to cancel a credit card that's no longer des
8 Things To Do When You Get A New Credit Card To Set Yourself Up For Success
You’ve researched the right card for your needs, gotten approval and received your card in the mail—but now what? If you give ...
Credit card delinquencies creep up, net charge-offs slide in October: Credit Pulse
U.S. credit card delinquencies continued to edge up in October, while the rate of uncollectible debt written off by lenders ...
24/7 Wall St18h
My parent took out a credit card in my name without my knowledge. It’s ruining my life, what should I do?
When a parent adds a son's or daughter's name to a credit card, defaults can hurt the FICO scores of both parties.
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
Rakuten Sells Mizuho 15% of Credit Card Arm for $1.1 Billion
Rakuten Group Inc. said it’s selling about 15% of its credit card arm to Mizuho Financial Group Inc. for ¥165 billion ($1.1 ...
Turn your holiday shopping into free travel: Your guide for credit card rewards
Learn how to turn this year's holiday spending into free flights and hotel stays by choosing the right rewards credit card ...
JPMorgan’s Chase UK launches first credit card
JPMorgan’s UK digital-only bank is rolling out its first credit card to customers, expanding into lending after amassing more than £20bn in deposits in three years. JPMorgan, which is the largest bank ...