Credit Card Debt Hits $1.26 Trillion: The Two Numbers Telling Opposite Stories About America

Credit Card Debt Hits $1.26 Trillion: The Two Numbers Telling Opposite Stories About America Credit card debt in America has reached $1.26 trillion — up $21 billion in a single quarter and closing back in on the all-time record, according to the New York Fed’s latest Household Debt report. Total household debt now stands at … Read more

Credit Cards and Debt: How to Use Them Wisely and Avoid the Trap

Credit Cards and Debt: How to Use Them Wisely and Avoid the Trap Credit cards and debt are among the most useful and the most dangerous tools in all of personal finance. Used wisely, a credit card is convenient, safe, and can even build your financial reputation. Used carelessly, it can trap you in a … Read more