A new study finds most credit limit increases come from banks, not consumers. Here’s how algorithms are fueling debt.

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

The typical American now carries more debt than at any point in history, and the totals keep climbing even as interest rates ...

Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...

Fannie Mae has issued a slew of updates, clarifications, and extensions affecting its Selling Guide. Announcement SEL-2015-06 includes the following changes. The most notable change concerns the way ...

SHREVEPORT, La. (KSLA) - Colin Evans, a finance expert from Evans Financial, sat down with KSLA to discuss how revolving debt and non-revolving debt are two types of consumer debt, and how the two ...

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 ...

American households are carrying more debt than ever, and the numbers now rival or exceed what many peers abroad owe. To ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Managing Editor, Global Data and Automation for ...

Wondering if your debt load is too high? Here's how to gauge it — and what else you should keep in mind right now.

Borrowing money is necessary during various stages of our lives. We need capital to start a business or expand. We need a large sum of cash to buy a car or replace a large appliance. And we gladly go ...