Joe Biden gets bad news from Trump-appointed judge
Consumer groups say a Biden administration group would have saved the American public over $10 billion a year in credit card fees.
Man's response to finding out wife ran up half-a-million in debt applauded
The man took over the running of their accounts after noticing they were "frequently overdrawn," and what he discovered left him horrified.
Why Credit Is Key to Financial Health for Many This Year
Financial wellness plays a critical role in our overall well-being.
Gen Z warned about credit-card spending
Gen Zers, now aged between 18 and 27, are willing to go into debt to have fun this year—especially if traveling.
Strip clubs sued for allegedly drugging patrons, stealing credit cards
The 20 plaintiffs in the case claim their cards were charged a total of over $1 million.
Credit card fees slashed for millions of Americans
The White House said President Joe Biden is committed to making sure "corporations are held accountable when they try to rip off Americans."
Americans are overwhelmed by credit card debt they can't afford
Rising costs push credit card debt to $1.05 trillion, with millennials and Gen Z most affected.
Migrants' monthly payments are higher than New Yorkers' SNAP benefits
A New York City program will give migrants about $350 a month for food and baby supplies.
Americans rack up $19 billion in credit card debt in one month
Wells Fargo reports a surge in U.S. consumer credit card debt, indicating potential financial stress among households.
Capital One glitch costs California woman month's worth of bills
After Capital One's electronic pay failed a customer, she found out the company hadn't given money to her credit card company.
America's credit card debt crisis
Millions of U.S. cardholders have been in debt for at least a year, according to a recent survey—showing that many are still struggling despite lower inflation.
Mom racks up $30,000 in credit card debt just paying 'for our needs'
Many Americans are having to make "difficult decisions" as debt continues to rise, the millennial woman told Newsweek.
Americans fear they can't pay back their debts
New polling conducted for Newsweek has found that many Americans are concerned over their credit-card debt.
Americans in 3 states see dramatic drop in credit lines
Mississippi, Wyoming and Louisiana residents saw the largest credit limit decrease from 2022 to 2023, a new WalletHub study found.
Americans find silver lining to soaring debt delinquencies
Despite rising debt delinquencies, the New York Fed reveals third-party collections are at a 20-year low.
Woman on TikTok recounts how she got into $71K in credit card debt
Many Americans are dealing with debts they might never actually be able to pay off.
How unsecured personal loans are keeping the economy rolling
Data from a TransUnion shows that Americans have billions in outstanding personal loan debt, with "super prime" borrowers leading the pack.
Millennials outspend boomers on credit cards
Millennial credit spending hits new high, outpacing boomers and raising concerns about mortgage qualifications amid rising debt.
George Santos' problems are far from over
While he yesterday survived a House expulsion vote, the Republican representative is still to face a trial and ethics investigation.
College student reports own parents over fraudulent credit cards
An expert shared tips with Newsweek on what to do if a credit line is opened without your authorization.
Sustainability
Make your money greener: Eco-friendly ways to save, bank and borrow
Green loans, savings accounts and credit cards are becoming more plentiful and more popular. But are they really good for the planet—and your finances?
Record debt forces many retirement-age Americans to work longer
According to the New York Fed, total household debt was at its highest ever, at $17.05 trillion in the first quarter of 2023.
The Credit Scoring System Needs a Major Overhaul
There is a lot of talk about the need to overhaul the credit scoring system. As part of this, I hope a new system will reward people who choose to avoid consumer debt.
More parents are paying their college kid's credit card bills
A survey revealed that 54 percent of college students receive help from their parents for credit card bills—a jump from 43 percent last year.
I cleared $30k debt after my girlfriend asked a simple question
I was in debt denial, not realizing the impact it was having on my future self.
Americans Struggle to Get Credit Increases as Debt Surges
Credit card debt is rising amid the perception by Americans that access to credit will be a struggle and the state of their financial health is deteriorating.
Student Loan Interest Restarts: What Happens If You Don't Pay?
Loan defaults could negatively impact current job wages, federal tax refunds and Social Security benefits.
How Americans racked up $1 trillion of credit card debt
Households have turned to credit cards to maintain their living standards as the cost of living went up, experts said—a move that can have harmful consequences.
Chart shows dramatic change in Fed interest rate
Another interest rate hike by the Fed, to the largest level in 22 years, will affect Americans in many ways.
Bank of America ordered to pay $100 million: How to know if you're eligible
The bank has agreed to pay hundreds of thousands of customers for allegedly double-dipping on fees, withholding rewards and secretly opening accounts.