In October, consumer use of revolving credit outpaced their use of nonrevolving credit, which increased at a 1.2% annual rate, the Fed numbers reveal. The nonrevolving credit category includes secured ...

Many companies released new or enhanced versions of their premium cards in 2025. Chase revamped its Sapphire Reserve card for ...

Business lines of credit and credit cards both offer flexible spending, but they are best suited for different borrowers. A business line of credit typically has a lower interest rate and higher limit ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

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 ...

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 ...

With average credit card APRs now near 24% and total card balances at record highs, plastic has quietly become one of the ...

NEW YORK--(BUSINESS WIRE)--Lithic, a leading financial technology platform known for powering growth businesses with bespoke card solutions and seamless money movement, today announced the launch of ...

In order to avoid being overwhelmed by credit card debt, it’s important to track your purchases and how much will come due each month. Compare this amount with your projected sales to generate a cash ...

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 ...