Bankrate's Ted Rossman breaks down record-high $1.209 trillion in U.S. household credit debt and the financial risks looming for year’s end.

A New York Fed report showed that mortgage balances, auto loan balances and outstanding student loan debt all ...

Before I started writing about credit cards in February 2018, I had all kinds of thoughts about how they worked. My three-year stint as an editor at The Points Guy opened my eyes to what’s real ...

You borrow money, then you pay it back. If you don’t pay all the charges in full when your bill is due, interest starts to ...

Bankrate senior industry analyst Ted Rossman said they crafted their new survey to get at how Americans are impacted by their credit card debt. “What we tried to do here was get a little deeper ...

Credit card annual fees are on the rise, with some premium cards now charging nearly $1,000 per year. Here's how to determine ...

Bankrate senior industry analyst Ted Rossman said the new suvey was crafted to discover how Americans are affected by credit card debt. “What we tried to do here was get a little deeper under ...

But Bankrate surveys have found that about half of credit card holders carry debt from month to month. And that debt cycle can be costly, with the average credit card charging over 20% interest ...