The average balance per consumer now stands at $6,580—up 3.5% year over year, according to a recent report from TransUnion. Altogether, consumers owe a record $1.21 trillion on their credit cards, ...

It is common practice to administer a number of credit cards in the networked financial world of today. It can sometimes happen when there are unforeseen financial pressures, such as an upcoming ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

Imagine receiving a notification about suspicious charges on a credit card you haven’t even received yet. How could that happen? While it sounds surprising and unsettling, it's increasingly common due ...

"Credit cycling" is potentially risky behavior with credit cards, but isn't widely known, experts said. It involves repeatedly maxing out cards and paying down the balance, effectively letting ...

The debit card might as well make itself comfortable in the outer slot of America’s wallet. It reigns as the go-to payment method for everyday purchases, according to a U.S. News survey. But while ...