Even when you never miss a payment, carrying unpaid credit card balances month after month can reduce how much home loan a ...

Credit card balances are climbing again, and the latest jump of roughly $27 billion in just three months is landing at a moment when more borrowers are starting to fall behind. The surge is helping ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of living increases has narrowed over the past five years. Still, many Americans ...

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 ...

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to ...

Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...