Dave Ramsey, the personal finance radio host and author, has long compared credit cards to cigarettes, calling them “the ...

High interest rates, tighter credit standards and reduced consumer spending contributed to a decline in revolving credit use. The last comparable decline was during the pandemic, but that drop was ...

NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of living increases has narrowed over the past five years. Still, many Americans ...

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to ...

That's how much a 25-year-old Reddit user said he was throwing at his credit cards, and nearly 80% of it was disappearing into interest. It was his version of being "aggressive," he wrote. "But the ...