The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.

The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only make the ...

Welcome to Money, Sky News' consumer and financial news hub. Today: house asking prices have reached a record high; what it's ...

You aren't necessarily stuck with your current credit card rates. These simple strategies could help lower them.

Your credit utilization ratio accounts for 30 percent of your FICO score and is calculated by dividing the total debt you ...

Raising your credit score doesn't need to be difficult. Lowering your credit utilization can give it a serious boost.

The credit card NPAs can be attributed to overspending, financial hardships such as job loss, and high interest rates on outstanding balances. Rewards for high spending, discounts on shopping and ...

According to a 2025 Bankrate survey, more than 70% of baby boomers ages 60-78 have at least one rewards-based credit card. This age group prefers credit cards because they are familiar with them ...

Credit card issuers should prepare for legislation that threatens to severely decrease income from card interest rate fees. Times are tough for the American consumer. The stock market slumped during ...

You can earn 100,000 Chase Ultimate Rewards points after spending $5,000 within the first three months of opening the Chase Sapphire Preferred® Card*. The card usually has a 60,000-point welcome bonus ...

Your open credit card accounts demonstrate credit history, a key factor credit reporting bureaus use to calculate your credit ... make purchases online with no interest, but it requires some ...

Though APRs are expressed in annual terms, credit card interest is calculated daily and charged monthly. (The APR represents the total cost of borrowing money for a year.) You can figure out your ...