Banks have largely driven the boom in private credit by pulling out of higher risk lending. Macquarie, however, is expanding ...

A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?

Most generations increased their average FICO Score by a single point in 2024, although Generation X, currently carrying more debt than other generations, remained at its 2023 average score. (The ...

Maxing out a 401(k) can be a great way to build wealth for retirement. This workplace account allows you to make pre-tax ...

There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...

With high levels of credit card debt and high inflation, many consumers have found themselves unable to cover monthly ...

There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the COVID-19 pandemic. A new report from the Federal Reserve Bank of ...

Bearing the burden of credit card debt isn’t only financially perilous, it’s also mentally taxing. Financial stress can affect anybody, no matter their wealth status, but people with debt tend ...

You might think that having a bad credit score prohibits you from qualifying for a credit card, but that’s not the case. Whether you’ve defaulted on debt in ... are also income and expense ...

He’s written thousands of articles on all things personal finance, including consumer credit, credit cards, debt, budgeting ... evaluate your credit history, income and other debts.

While carrying an outstanding balance can lead to high-interest debt — especially with rates averaging over 20% — credit cards offer advantages over debit cards. These include stronger ...