If you have a variety of different types of debt, you may be wondering which can be combined. Most people will consolidate ...

Half of those with revolving credit card debt (50%) point to the rising cost of goods. Around 1 in 7 Americans with revolving credit card debt (14%) say having to make federal student loan payments is ...

In October, consumer use of revolving credit outpaced their use of nonrevolving credit, which increased at a 1.2% annual rate, the Fed numbers reveal. The nonrevolving credit category includes secured ...

BNPL consumer debt and rising credit card balances are reshaping how Americans fund holiday spending—and what it signals for ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...

High interest rates, tighter credit standards and reduced consumer spending contributed to a decline in revolving credit use. The last comparable decline was during the pandemic, but that drop was ...

Learn how to calculate average outstanding credit card balances and understand their effect on interest, credit scores, and financial health, ensuring smarter financial decisions.

Leaving a tiny balance on a credit card can feel harmless, even strategic, especially when life is busy and the statement due ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Credit card debt and interest rates continue to rise, and NerdWallet’s annual report finds that incomes haven’t kept pace with the cost of living in recent years. For Americans with credit card debt, ...