Gift card companies are adding protections for consumers, who are increasingly being duped into sending funds to online scammers through store credit. In 2022, nearly 65,000 consumers were swindled ...
For millions of us, relief from credit card debt feels unobtainable. So when an offer comes in the mail offering credit card forgiveness, you might be eager to jump on it. Credit card balances have ...
Libby Sweeney is a former credit cards editor for Forbes Advisor. Her previous experience writing and editing content for readers to better understand includes both the world of sports and data ...
The American economy owes its status as the world’s largest to consumer spending. As we put a growing amount of what we buy onto credit cards, financial experts worry that the bill is about to come ...
This tool makes it easy to find all the information you need. You’ll still need to consider the factors independently and prioritize what’s important. Credit Score ranges are based on FICO® credit ...
So, you’re planning on giving some gift cards this holiday season? Well, be careful, because what you end up buying may not be what you think. Gift card draining is a scam that has wreaked havoc among ...
Rob Gilbert recently thought he was buying some items online for himself and some gifts for his mom's upcoming birthday after clicking on an ad for a major retailer. But when Gilbert went to check out ...
Credit card debt hits a 'staggering' $1.13 trillion. Here's why so many Americans are under pressure
Collectively, Americans owe $1.13 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Higher prices have largely caused consumers to spend down their ...
Americans are racking up more credit card debt, but at a slower pace than they were before. The average consumer's credit card balance is now $6,580, a new report by TransUnion found. For borrowers ...
Zach began writing for CNET in November, 2021 after writing for a broadcast news station in his hometown, Cincinnati, for five years. You can usually find him reading and drinking coffee or watching a ...
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It’s easy to see why many Americans would welcome former President Donald Trump’s proposal to cap credit card interest rates at less than half their current level — even if only temporarily. At $1.14 ...
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