It’s also import to destroy your inactive credit card. Ideally, run the card through a paper shredder designed for plastic and then throw away the pieces. If you don’t have a shredder, cut up the card ...

Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...

Economists worry about tariff-induced price hikes, inflation, interest rates and the outlook for the job market Changes are coming to your credit score. As economists worry about tariff-induced price ...

Struggling with debt on a fixed income? Here's how to regain control of your finances while on Social Security.

Despite improving sentiment, the cost of carrying credit card debt remains high. A $6,000 balance at today’s average rate of ...

Spending $5,000 or more each month isn't unusual for some cardholders -- especially business owners, frequent travelers, or ...

Most lenders don't accept credit cards for auto loan payments, but even if your lender does, you need to think twice before using that option. If you aren't careful, you could end up paying more ...

The average interest rate on a two-year personal loan was 11.57% in the second quarter of 2025, according to the Federal Reserve. But depending on your credit history, income and other ...

The Fed report suggests that, at least in part, a higher prime rate is causing growth in card interest rates. The prime rate ...

Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their ...

Mortgage rates turned upward this week after falling the previous five weeks in a row. The 30-year fixed-rate mortgage ...

Freedom Debt Relief reports 25% of Americans seeking debt relief have accounts in collections, averaging over $3,000, often ...