These moves can help you avoid years of back-breaking interest.

Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...

Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...

If you’re feeling like your debt is mysteriously increasing, don’t blame it on your spending habits just yet. It turns out your bank might be quietly digging you a deeper hole. According to new ...

After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...

Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and ...

You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s Business School and the Federal Reserve Board suggests that a largely unseen ...

Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors.

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...