New Fed report says Americans are using credit cards at higher rates

UNITED STATES - Americans are putting more expenses on credit cards, according to a new report from the Federal Reserve. Read More

Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"

The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say. Read More

Map Shows States With Biggest Increase in Credit Card Debt

Rising credit card balances can increase household costs through higher interest payments and reduce consumers' ability to sustain spending. Read More

Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more

As expected, the Federal Reserve announced Wednesday that it would leave its key benchmark rate unchanged. Fed Chair Jerome Powell indicated that the central bank has yet to cut rates due to the ... Read More

Is credit card debt forgiveness still worth it with interest rates paused?

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ... Read More

Credit Card Charge-Offs Soar: The Do’s and Don’ts Every Consumer Should Know

Ever missed a credit card payment and thought, “I’ll catch up next month”? Let it slide too long, and you could end up in “charge-off” territory, a term that sounds scarier than it is. A charge-off ha ... Read More

Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more

The Federal Reserve kept rates unchanged at the end of its July meeting. The central bank's interest-rate policy has far-reaching implications for many types of consumer loans and savings rates. From ... Read More

Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more

Fed Chair Jerome Powell indicated that the central bank has yet to cut rates due to the uncertainty and inflation risks posed by Trump's tariff agenda. Many economists say that the full impact from ... Read More