A charge-off is a serious credit report entry that damages credit scores, stays for seven years, impacts loans and credit cards, and requires disciplined repayment to rebuild financial health.

If there are months where you don’t use the card at all, you could consider adding a small recurring charge or two so the ...

The bank’s CEO Jamie Dimon called the misstep, in connection to the bankrupt subprime auto lender, “not our finest moment.” ...

There are four broad types of credit cards to choose from depending on your goals: credit-building cards, balance transfer cards, low-interest cards and rewards cards. To find the right credit card, ...

Long-term consequences: Credit card companies can charge off your debt and sell it to collections after 120 days or more of nonpayment. Once that happens, you’ll have to deal with aggressive ...

Paying off credit card debt doesn’t have to require enormous payments. You can do it with $75 per week if you find the right ...

More than a third of all Americans have a credit score below 670, according to Experian. And many don’t realize what’s hurting their credit until they’re denied a loan or hit with higher costs. Your ...

Recent data from Experian shows how credit card debt varies across generations. Generation-Z carries an average balance of $3 ...

If you've ever owned a credit card before, chances are you're familiar with the term "APR," or annual percentage rate. For specifically credit cards, your purchase APR is essentially your interest ...

Most people set their credit card to autopay once a month and don't think twice about it. That's totally fine. But a few years ago I randomly fell into the habit of paying mine every single week ...

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.