Credit card debt

In this Aug. 11, 2019, photo, U.S. currency and credit cards sit on a table at a restaurant in New Orleans. Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. (AP Photo/Jenny Kane)
August 29, 2019 - 9:38 am
Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. In recent months, two of the largest credit card issuers...
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In this Aug. 7, 2019, photo shoppers ride an escalator inside the Glendale Galleria in Glendale, Calif. If a threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not panic. Financial experts say there a steps you can take now to brace yourself for any downturn ahead. (AP Photo/Richard Vogel)
August 16, 2019 - 12:05 am
If the threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not panic. Worries about the economy increased this week when a fairly reliable recession warning emerged from the bond market. But without a crystal ball, it remains unclear...
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In this Aug. 7, 2019, photo shoppers ride an escalator inside the Glendale Galleria in Glendale, Calif. If a threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not panic. Financial experts say there a steps you can take now to brace yourself for any downturn ahead. (AP Photo/Richard Vogel)
August 15, 2019 - 6:36 pm
If the threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not panic. Worries about the economy increased this week when a fairly reliable recession warning emerged from the bond market. But without a crystal ball, it remains unclear...
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FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 3:19 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. Overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion advance in May, the...
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In this June 4, 2019, photo two people walk along the water in the early morning sunrise near downtown Miami in Key Biscayne, Fla. Some debts that bring the promise of opportunity, like student loans or mortgages, might seem “good,” but that's not always the case. And having credit card debt isn't always bad. What makes debt “good” or “bad” depends on how it fits into your overall financial picture. (AP Photo/Brynn Anderson)
July 25, 2019 - 10:50 am
Are student loans good debt that can open the door to a career or an insurmountable burden? Is all credit card debt a sign of reckless spending, or can it be a smart way to cover an expense? In general, no form of debt is inherently "good" or "bad." What makes it good or bad is how it fits into...
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July 19, 2019 - 8:44 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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FILE- In this July 11, 2018, file photo, Japanese organizational expert Marie Kondo appears at a media event to introduce her new line of storage boxes in New York. Kondo has inspired countless people to wipe out clutter. Her KonMari organizing method, popularized by her book and Netflix series, lays out how to get more joy from your life and possessions. This approach can extend to your money, too (AP Photo/Seth Wenig, File)
April 30, 2019 - 12:04 pm
Marie Kondo has inspired countless people to wipe out clutter. Her KonMari organizing method, popularized by her book and Netflix series, lays out how to get more joy from your life and possessions. This approach can extend to your money, too. Applying her mindset can reduce the financial clutter...
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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 - 9:05 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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FILE - This June 10, 2015, file photo shows credit cards in Philadelphia. On Tuesday, Aug. 7, 2018, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2018 - 3:02 pm
WASHINGTON (AP) — Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. The Federal Reserve says consumer debt rose a seasonally adjusted $10.2 billion in June from the prior month to a total of $3.91 trillion...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
July 16, 2018 - 10:16 am
Researchers and startups say all kinds of weird data can predict your creditworthiness. What kind of smartphone you have, who your friends are and how you answer survey questions may foretell how likely you are to pay back a loan. Don't expect this alternative data to displace the three-digit...
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