American households are carrying a record load of obligations, with total consumer balances climbing to levels that would ...

Fannie Mae has issued a slew of updates, clarifications, and extensions affecting its Selling Guide. Announcement SEL-2015-06 includes the following changes. The most notable change concerns the way ...

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

SHREVEPORT, La. (KSLA) - Colin Evans, a finance expert from Evans Financial, sat down with KSLA to discuss how revolving debt and non-revolving debt are two types of consumer debt, and how the two ...

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.

DUBLIN, April 9, 2021 /PRNewswire/ -- The "The 2021 Credit Card Data Book Part One: Internal Dynamics" report has been added to ResearchAndMarkets.com's offering. Unlike 2019, which was a banner year ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...

You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s Business School and the Federal Reserve Board suggests that a largely unseen ...

If you've ever borrowed money, you've had debt. Whether it's the money you paid a friend when they spotted the lunch tab or the student loans you owe to the government, that's debt. Debt is all around ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Managing Editor, Global Data and Automation for ...

Borrowing money is necessary during various stages of our lives. We need capital to start a business or expand. We need a large sum of cash to buy a car or replace a large appliance. And we gladly go ...