In a tough economy, a revolving line of credit can offer handy flexibility when unforeseen expenses pop up. But it's n ...

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 ...

US consumer borrowing increased in August at a slower pace than a month earlier, restrained by the largest drop in credit-card balances since March 2021. Total credit outstanding rose $8.9 billion ...

The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows ...

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 ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...

DUBLIN, April 9, 2021 /PRNewswire/ -- The "The 2021 Credit Card Data Book Part One: Internal Dynamics" report has been added to ResearchAndMarkets.com's offering. Unlike 2019, which was a banner year ...

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 ...

If you've ever borrowed money, you've had debt. Whether it's the money you paid a friend when they spotted the lunch tab or the student loans you owe to the government, that's debt. Debt is all around ...

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 ...