The average balance per consumer now stands at $6,580—up 3.5% year over year, according to a recent report from TransUnion. Altogether, consumers owe a record $1.21 trillion on their credit cards, ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

Imagine receiving a notification about suspicious charges on a credit card you haven’t even received yet. How could that happen? While it sounds surprising and unsettling, it's increasingly common due ...