A report suggests that demographic factors dictate the methods Americans choose to pay their bills.
Despite the rise of online and mobile banking, there are plenty of reasons why cash will be with us forever.
Students who take extreme steps to avoid debt at all costs, they say, may get stuck with something much more financially damaging than moderate student loan debt. They may not wind up with a college degree.
A survey conducted by Freescore.com found that nearly a quarter of consumers who plan to use plastic to pay for purchases during the next few weeks say their credit card balances will rise as a result of the holiday shopping season.
If you’re up to your ears in debt, you’re the target audience of ReadyForZero, a free website that helps consumers prioritize loans so debts can be paid down while incurring the least amount of interest possible.
Credit card late payments and default rates continue to drop, and the Federal Reserve has pledged to keep interest rates at historic lows, but only a small percentage of banks have eased their lending standards on credit cards.
With Americans prioritizing paying down their credit card debt, issuers are offering them more and more enticing perks.
Heading off for your freshman year at college? Before you plunge into the whirl of an exciting new life, make some money-management vows to avoid a mess that could dampen the fun.
Debit cards are a convenient way to avoid piling on more credit card debt, but they aren’t always the best choice.
Americans may be getting better at managing debt, but that doesn't always translate into a hike in the credit limit.