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When it comes to paying credit card bills, millions of Americans are just scraping by. They make only the minimum monthly payment, and that’s often a stretch. The good news…
Credit cards are wonderful inventions. They make purchasing anything convenient and nearly fraud-proof. They’re portable and online-friendly. Many offer rewards or cash back. When used properly, they help consumers build…
If your monthly credit card payments are choking your budget, you’re not alone. Almost half (48%) the credit card users in the U.S. carry a balance from one month to…
The two biggest reasons companies will deny you a credit card are low credit scores and poor credit history. Other reasons for credit card denial include low income and too…
Making the minimum payment on credit cards might seem like a friendly option in a month when money is short, but don’t mistake it for safely treading water. Yes, making…
You’re at the store. You’ve found the perfect purchase. It’s pricy, but so what? You’ve got plastic to pay for it, plastic that’s been burning a hole in your wallet/purse/pocket.…
Few feelings are more helpless than trying to dig your way out of debt when you’re barely making ends meet — and you’re just one car repair emergency from disaster.…
It can be frustrating to see interest charges on your credit card account when you’re certain you’ve paid off your balance in full. After all, a zero balance should mean…
When credit card bills become difficult to handle, there are several solutions. One worth considering is using a personal loan to pay off your credit cards. This strategy is a…
When it comes to money, there’s no better person to listen to for advice than the man whose face is on the $100 bill. “If you fail to plan, you…
Sources:
- Smith, N. (2025, January 22). Q3 2024 Insights Report. Retrieved from https://www.philadelphiafed.org/surveys-and-data/2024-q3-large-bank
- N.A. (2025, January 17). Fears for Tiers: Consumer Health by Income Group. Retrieved from https://wellsfargo.bluematrix.com/links2/html/763aac72-d73c-4a7b-a039-7aab2ea26233
- Frolik, C. (2025, January 25) More credit card holders are only making minimum payments. Here’s why that’s bad. Retrieved from https://www.daytondailynews.com/local/more-credit-card-holders-are-only-making-minimum-payments-heres-why-thats-bad/CJAWJWKPZND6RMCACR3VIIZYDY/
- N.A. (ND) Things to know about credit card payments. Retrieved from https://www.chase.com/personal/credit-cards/education/basics/credit-card-minimum-payment
- N.A. (February 20, 2025) Growth in Originations Expected Across Multiple Credit Products in 2025. Retrieved from https://newsroom.transunion.com/q4-2024-ciir/
- Luthi, B. (February 26, 2025) 8 Biggest U.S. Credit Card Companies This Year. Retrieved from https://money.usnews.com/credit-cards/articles/biggest-us-credit-card-companies-this-year