Five years ago, Taylor Gothard, 41, and his spouse found themselves staring at $100,000 in credit card debt spread out over 17 maxed-out credit cards. When it comes to debt like this, they’re not ...

A person holding bills and receipts with credit cards and a calculator nearby. The impact of credit card debt can have significant consequences, particularly during tough economic times such as an ...

They're plastic and shiny. They fit perfectly into your wallet. You can spend hundreds or thousands of dollars on them up front that can be paid back over time. From that angle, credit cards look like ...

Credit card balances fell by $29 billion, or about 2%, last quarter, according to the New York Fed’s report on household debt. Credit card balances for Americans now stand at $1.18 trillion, while ...

American households are now carrying a record mountain of debt, with balances swelling to levels that would have seemed ...