Whether you’re new to the world of credit cards or an established pro, it’s essential to understand the terms that appear on your credit card statement. Two terms that may cause confusion, even if you ...

Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance and statement balance can occasionally align, particularly after your ...

Credit scores go up and down for a number of reasons. Here's what causes dips and why steady habits usually push it higher in ...

Most banks default auto-pay to "minimum payment," which means carrying a balance and being hit with interest. Paying the full statement balance each month will avoid interest and protect your credit ...

Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.

Balance transfer checks are a way to transfer credit card balances from one issuer to another with a lower interest rate.

The economic squeeze is pushing more people into credit card debt. For 52.97% of Americans, housing costs now take over half their monthly salaries — leaving less for other crucial expenses. "There's ...

What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the ...

If you’re using a balance transfer, you should prioritize paying off the balance before the introductory APR period ends. If you’re unable to pay off the entire balance, you can still save on interest ...