Credit card balances in the United States have jumped by $27 billion in just three months, a surge that is now colliding with ...

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 ...

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

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 ...

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 ...

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 ...

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 ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

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 ...