When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

Credit card debt can feel overwhelming when bills start piling up. Maybe you’ve lost your job, faced unexpected medical ...

If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...

Learn how credit card posting affects your transaction timeline, the differences between transaction and post dates, and how it impacts your account balance and payments.

For Kevin St. Pierre, the math on credit cards is pretty simple. “Generally, if the consumer has income, they pay their debts,” St. Pierre, an analyst at Sanford C. Bernstein, said in a note to ...

Paying off your credit cards right away can help you avoid wasting money on interest. It could also help keep your credit score in great shape. There’s a good chance your credit card will charge you ...

American Express' (NYSE:AXP) August consumer credit card delinquency and net charge-off rates were unchanged from the prior month, the company said in a Monday filing. The U.S. consumer card ...

Learn about the Credit Card Accountability Act, which safeguards users from abusive credit card practices, reduces fees, and improves transparency in the financial world.