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In late July, the Federal Reserve raised interest rates for the fourth time this year. While the move is to combat high inflation, it ties directly into credit card interest rates and APRs.   What does that mean for you?   If you have credit cards, you should expect to start paying more. This is […]

If you’re like most of the U.S., you probably own a credit card. The Federal Reserve reports that more than 80% of people in the U.S. owned at least one credit card in 2020. To maintain a healthy credit score, you should pay at least the minimum amount owed on time each month. This will keep you

The holidays are upon us, and with that comes the biggest shopping season of the year. But as you gear up with wish lists and coupon codes, you’ll want to avoid some shopping mistakes that could land you with more credit card debt than you might already have.  In the spirit of protecting your credit

It might seem like a never-ending cycle: When you have bad credit you pay more on interest rates, so it makes it even harder to get out of debt. And the more debt you have the worse your credit can get. But this is not the end of the line for your credit score. You

Struggling with credit card debt makes balancing your everyday life harder, in addition to the stress it can create. Average credit card interest rates continue to be high (24.45% as of September), so it may be more challenging than ever to pay them down. If you’re struggling, you’re not the only one. J.D. Power recently

With the total national credit card debt at more than $1 trillion for the first time ever in the United States, Americans should be on the lookout for scams. According to the Better Business Bureau (BBB), as of June 2023, 1,794 consumers logged complaints claiming they were defrauded by debt relief and credit card scams.

  During the holidays, the lights, family, food, and, of course, gifts bring a sense of excitement. Ofcourse, you might also experience anxiety as the biggest shopping season of the year getsunderway. No one wants an overspending hangover come January, so make sure you alreadyknow what you owe before you pull out your credit cards.To

Making a late payment on your credit cards may not seem like a big deal, but when you’re late, you’re considered delinquent. Anything more than 30 days past and your credit card company will report it to the credit bureau, which can have a negative impact on your credit score.  With a Bankrate survey finding

  If you find yourself unable to pay off your credit card debt each month, you’re not alone. According to a survey from Bankrate, 49% of U.S. cardholders carry credit debt month to month. To avoid interest, the rule of thumb has been to pay off your balance each month. But that’s often easier said