Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

C redit card debt can feel like getting mired in quicksand. You make some purchases or take small steps forward, and before ...

Unlike with most cards that require a cash security deposit, applicants may be able to qualify for a credit limit larger than their deposit. Flexible security deposit requirements and a $0 annual ...

High interest rates, stubborn inflation and continued consumer spending are among the factors that have lifted collective credit card debt to an all-time high of $1.21 trillion, a ...

Before you toss your year-end credit card summary, take a closer look for valuable insights into your finances.

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