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

Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. Credit Cracks Are Spreading: Rising Delinquencies And Recession Signals To Look Out For In 2025. In earlier pieces, I ...

U.S. consumer credit rose by $4.23B in November, trailing the $10.1B expected and the $9.24B gain in the prior month (revised from $9.18B), according to data released by the Federal Reserve on Thursday.

Follow along as we try to buy a hat in each of America's three major credit eras to see what data is collected and used to determine creditworthiness at different points in American history.

For many consumers, 2024 was a mixed bag of pluses and minuses when it came to credit. Many borrowers with lower fixed-rate mortgages considered themselves lucky and resisted the urge to move or sell. Others, like those straining under the size of their ...

Credit delinquencies increased from a year ago across almost all VantageScore credit tiers and almost all delinquency categories, signaling that repayment pressures are affecting even the most creditworthy consumers, according to August's CreditGauge ...

The Consumer Financial Protection Bureau (CFPB) announced that it finalized a rule to remove all medical debt from credit reports used by lenders. This new rule will impact about 15 million consumers, and it’s estimated that the change will result in an ...