A proposal pitched as a way to help consumers struggling with interest rates is unsettling the financial sector. As President ...

As credit card debt climbs to $1.23 trillion and auto, retail, and student loan balances continue to rise, American ...

Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.

Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

Americans are carrying more credit card debt than ever. Balances hit $1.28 trillion by the end of last year’s fourth quarter, ...

Delinquencies on credit-card debt mostly held steady at the end of last year, but certain groups of consumers are faring better than others.

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The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

Perhaps U.S. policymakers can look to Canada and the U.K. for ideas on how to limit banks.

He who is not contented with what he has, would not be contented with what he would like to have” — $1.277 trillion in U.S.