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

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

The () is an excellent choice for those with fair credit looking to earn elevated cash back on everyday spending categories ...

Accredit Debt Relief reports making only minimum payments on credit cards prolongs debt and increases costs, while paying more reduces principal faster.

Maxing out a credit card once can ding your score and flexibility, but the damage is usually temporary if you act fast.

Affirm is a lender that allows you to buy now and pay later, whether you're shopping in-store or online. After qualifying for one of these short-term loans, you choose a payment schedule and then ...

The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.

From mortgage rates and auto loans to credit cards and savings accounts, here's a look at how the January Fed decision could ...

Discover how semi-secured credit cards help build credit with a deposit-backed limit. Explore the benefits, risks, and how ...

President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.

Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...

Trump says he's "not a huge fan" of letting homebuyers tap 401(k) retirement accounts for down payments, citing strong account performance amid market's rise.