Your credit limit can be slashed without warning, even if you've never missed a payment. Here's why it happens and how to protect your credit score.

One day late on a credit card payment usually won't hurt your credit, but it can still trigger fees and interest. Here's what ...

Robb Sommerfeld used a popular business credit card to help manage finances at National Center for Craftmanship (NCC), a nonprofit where he serves as an executive director — until the bank suddenly ...

Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

Consumer finance expert Clark Howard has long maintained a straightforward position on credit card debt: it’s a financial emergency demanding immediate attention. His reasoning centers on a ...

When it comes to economic indicators, the big national metrics don’t always reflect what is happening in ordinary households. But families certainly understand what it means for them if they are ...

After Hurricane Helene devastated much of the southeastern U.S., survivors of the wreckage wrought by the storm are grappling with another issue: How to pay for goods and services. Across much of the ...

Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...