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Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

According to a new study by Bankrate, 61% of people with credit card debt have been holding it for at least a year — up from ...

Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps ...

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing ...

Former Mayor Lori Lightfoot was served at her Chicago home in October with a lawsuit from JPMorgan Chase Bank for allegedly ...

(WHTM)– Credit card debt is a big problem for many Americans, and it gets even worse when you are older. A new survey shows that 52% of people aged 50 to 64 and 42% of those aged 65 to 74 carry credit ...

Americans Carry $1.21 Trillion in Credit Card Debt, with 73% Tied to Essentials and Median Interest Rates at 25.3% Gen X consistently holds the highest balances, as every generation -- from Gen Z to ...

As CBS News New York's Carolyn Gusoff reports, the family of 23-year-old victim Edeedson Cine was in the courtroom Wednesday ...

Brazilian merchants, who are used to waiting months for credit card payments, could soon receive cash instantly through an initiative that allows them to sell the debt, tokenizes it and rewards the ...

Credit cards can be useful tools, but they can also lead to financial ruin. According to the Federal Reserve, the average rate paid on credit card accounts that were assessed interest is 22.83%. At ...