Credit card debt

FILE - This April 3, 2019, file photo shows a tip box filled with U.S. currency in New York. Money resolutions are common — but keeping them isn’t. You can beat the odds by taking a monthly approach to your yearlong money goals. To start, make sure you understand your money situation so you can set realistic targets. Then focus on what you can accomplish each month. (AP Photo/Mark Lennihan, File)
December 31, 2019 - 4:44 am
A year is built one day at a time. It’s the busy Tuesdays when you never have a moment and the lazy Sundays when you can finally relax. Focusing on small, cumulative actions can take you far, whether you want to train for a marathon, clean out your garage or start a hobby. This is especially true...
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FILE - In this Aug. 11, 2019, file photo a man puts his Visa card on a stack of cards for a split check at a restaurant in New Orleans. Knowledge is power when it comes to finances. Still, most people don’t know exactly where their money goes. Tracking your spending for one month will help you identify habits and spot excess expenses, says Colin Walsh, CEO of Varo, an online bank. (AP Photo/Jenny Kane, File)
December 17, 2019 - 3:30 pm
Raise your hand if you feel confident about your finances. Not feeling it? That’s OK. Perhaps you’re among the 60% of Americans living paycheck to paycheck, or one of the 81.6 million paying off student loan debt. It’s hard to feel confident when your loan balance doesn’t seem to budge and you’re...
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This Oct. 8, 2019, photo shows a Chase Sapphire card in New York. On Friday, Dec. 6, The Federal Reserve releases its report on consumer borrowing for October. (AP Photo/Jenny Kane)
December 06, 2019 - 12:06 pm
WASHINGTON (AP) — Consumer borrowing rose in October by the largest amount in three months, reflecting a big rebound in the category that includes credit cards. The Federal Reserve said Friday that borrowing increased by a seasonally adjusted $18.9 billion in October, up from a September increase...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 02, 2019 - 4:41 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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November 21, 2019 - 8:19 am
Shatoria Smith was tired of the $5,000 in credit card debt she felt was blocking her from reaching her financial goals. She couldn’t see an easy path to being debt-free, so she drew herself a map by adapting a goal-setting framework she’d first heard about in a college business class: the SMART...
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This Aug. 11, 2019, photo shows Visa credit cards and debit cards in New Orleans. If you’re considering a new credit card, the bonus-friendly season from October through December is an ideal time. Your expenses on Black Friday, holiday travel and meals, end-of-the-year charitable donations and more may easily meet a large spending requirement for a juicy sign-up bonus. (AP Photo/Jenny Kane)
November 07, 2019 - 8:49 am
In late 2017, San Francisco couple Riley Adams and his wife stumbled upon the Halley's comet of airline credit card welcome offers. For a limited time, the card was advertising a companion pass on top of a large sign-up bonus. "We knew we had a lot of spending in one specific area coming up, and we...
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Democratic presidential candidate U.S. Sen. Bernie Sanders arrives onstage at the "Workers' Presidential Summit" at the Convention Center in Philadelphia Tuesday, Sept. 17, 2019. The Philadelphia Council of the AFL-CIO hosted the event. (Tom Gralish/The Philadelphia Inquirer via AP)
September 17, 2019 - 6:38 pm
PHILADELPHIA (AP) — The high-stakes fight for working-class voters moved to Pennsylvania on Tuesday as a slate of Democratic White House hopefuls vowed to use the power of the presidency to crack down on corporate America and strengthen organized labor. But beneath all the agreement at the AFL-CIO...
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July 19, 2019 - 5:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” (AP Photo/Steven Senne)
March 26, 2019 - 6:05 am
The saying that debt is easy to get into and hard to get out of hits home for younger Americans: At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That's the highest level since 2007. "Understanding your options and making a plan is...
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