This Week In Credit Card News: 37% Of Cardholders Are Maxed Out Of Their Available Credit
Americans Haven’t Been This Worried About Making Their Credit Card Payments Since the Pandemic Americans are growing increasingly anxious about mounting credit card debt. Debt balances have been growing,
Big Drop in Credit Card Debt
The Federal Reserve Board reported a 1.2% year-over-year decrease in August in revolving credit, which is a line of credit you can borrow against and pay over time. The same measure saw a 0.4% decrease in the June report, but there haven't been any other declines since 2020.
Map Shows States With Worst Credit Card Debt
The top five states for worst credit card debt were as follows: Mississippi, Georgia, Louisiana, Alabama and Texas.
Here are 4 tips to get out of credit card debt
The average credit card balance has swelled to $6,329 — up 30% from 2021, according to TransUnion. As balances have grown, so have the number of people carrying debt. A recent Bankrate survey found that half of credit card holders carry debt from month to month — the highest share since March 2020.
Credit Card Debt Woes: How 62% of Americans Are Accruing Interest on Everyday Purchases
Many Americans are stressed about their mounting credit card debt. Credit card debt in the U.S. has risen to $1.3 trillion overall, based on the latest data from August, according to a recent study by WalletHub.
Stuck with $30,000 in credit card debt? Here's how much a forgiveness plan can cover.
A $30,000 debt balance can be debilitating for your finances. Here's how much a forgiveness plan can reduce it by.
Credit Card Networks: What They Are and How They Work
Credit card networks allow banks to communicate with each other and process transactions. Visa, Mastercard, Amex, and ...
First-time credit card user? Here's what you should be aware of
Once you land your first credit card, use it wisely. You should also read up on the importance of a modest credit card ...
4 Best Credit Cards for People Who Just Want One Card in Their Wallet
Are you looking to consolidate your credit card portfolio? Here’s a look at the best credit cards for people who just want ...
Here Are The Pros, Cons, And Best Practices For Using Your Credit Card
Discover the benefits and drawbacks of credit cards. Learn helpful tips and best practices for responsible credit card use.
Credit card preapproval vs. prequalification: What they mean and how they impact your credit score
Preapproval takes things a step further. When you’re preapproved, the credit card company has reviewed your credit report ...
What is a secured credit card and how does it work?
A secured credit card functions similarly to a debit card. However, you’re essentially relying on your cash deposit, which is ...
Can you use your credit card beyond its limit? Know the rules and risks
A safer option is to request a credit limit increase, which offers more flexibility without the additional fees and risks associated with over-limit transactions.
The 6 Best Nonprofit Credit Card Processing Tools Evaluated for 2024
Donorbox tops my list of non profit credit card processors, though PayPal, Square, and others also make the list.
Will a new credit card affect my mortgage application?
Applying for a new credit card during the mortgage application process could cost you the mortgage for several reasons.