The private credit industry is having a little trouble.

Markets are wrong to price a terminal outcome into short-duration instruments, Andres Pinter writes in a guest commentary.

The number of people with no credit record — known as "credit invisibles" by the financial industry — has plummeted to just 2.7% of the population, or 7 million Americans, after the Consumer Financial ...

Consumers who don’t have enough of a credit history can suffer from having “thin” credit scores and profiles, which can negatively affect their chances of getting a loan, mortgage, credit card and ...

Robb Sommerfeld used a popular business credit card to help manage finances at National Center for Craftmanship (NCC), a nonprofit where he serves as an executive director — until the bank suddenly ...

The latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 ...

Anyone who has lived through several iterations of the “kids these days!” generational wars probably recognizes the rhetoric elders are lobbing at Gen Z for youthful spending choices. The cold brew ...

The problem with the credit-card industry isn’t just credit-card companies — it’s you too. This week the Senate takes up a bill that would seriously clamp down on some of the industry’s most unsavory ...

Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...

Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

If you didn’t know much about someone, would you lend them a whole lot of money? Probably not – and banks are the same way. That’s why people with no credit history often have trouble getting loans.

FD-backed credit cards use fixed deposits as collateral, offering easy approval, lower risk and interest, continued FD returns and a way for new or low-score users to build credit safely.