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Sixty-eight percent of retirees reported having outstanding credit card debt in 2024 compared with 40% in 2022 and 43% in 2020, according to the Employee Benefit Research Institute’s 2024 Spending in Retirement Survey.

A new report shows debt burdens are high, but Gen Z remains optimistic about their financial future. It may not feel like it to some, but generational mobility is still alive and well in the United States, according to a new report from H&R Block.

More than 1 in 5 Americans (21%) have used a credit card to earn rewards in the past 12 months despite having credit card debt, according to a NerdWallet survey.

Before you get too excited about the holiday deals flooding your in-box, do the math. More often than not, a retailer’s discounts come with expensive caveats.

Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.

Collectively, Americans owe a record $1.17 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Still, credit card delinquency rates improved in the most recent quarter,