Credit Cards
Americans Struggle to Get Credit Increases as Debt Surges
Credit card debt is rising amid the perception by Americans that access to credit will be a struggle and the state of their financial health is deteriorating.
Student Loan Interest Restarts: What Happens If You Don't Pay?
Loan defaults could negatively impact current job wages, federal tax refunds and Social Security benefits.
How Americans racked up $1 trillion of credit card debt
Households have turned to credit cards to maintain their living standards as the cost of living went up, experts said—a move that can have harmful consequences.
Chart shows dramatic change in Fed interest rate
Another interest rate hike by the Fed, to the largest level in 22 years, will affect Americans in many ways.
Bank of America ordered to pay $100 million: How to know if you're eligible
The bank has agreed to pay hundreds of thousands of customers for allegedly double-dipping on fees, withholding rewards and secretly opening accounts.
Struggling with credit card debt? So are millions of Americans
Americans owe nearly $1 trillion in credit card debt. A majority are worried about not being able to pay it back.
Woman gets wild email from man who hacked her credit card: "Thank you"
Though the woman told Newsweek that she thought the message he sent her was "hilarious", her dad was "freaked out" when he heard about it.
CFPB Rule Doesn't Support Black-Owned Businesses' Best Interests
There are still huge discrepancies in Black-owned businesses' access to funding.
George Santos chances of facing charges after ex-roommate's damning letter
The new accusation comes as Santos has continued to face legal issues and backlash following his admittance that he lied about his background on his résumé.
Lauren Boebert issues warning over Discover's gun-related tracking plan
Discover will become the first credit card distributor to use newly established merchant codes to flag when purchases are made at gun retailers.
Woman adds credit score to dating app profile with astonishing results
"I have always been responsible with my bank account," Leah Nicewander told Newsweek.
America's credit card debt spiraling toward $1 trillion problem
Bank card balances were at around $866 billion in 2022's third quarter, with signs indicating the figure could rise to $1 trillion in the coming year.
Having credit card debt just got more expensive for Americans
On Wednesday, the Federal Reserve hiked interest rates by 75 basis points, and its Open Market Committee indicated markets should expect further rate increases.
The most common credit score myths debunked
While having a strong credit score is important, the subject of credit scores can be an overwhelming, confusing and stressful thought for many Americans.
How to prepare for a recession—three things you should do right now
While the discomfort of a recession will be felt by most of us, there are ways to prepare your finances to see yourself through any economic turmoil.
Our Adult Daughter Won't Leave Home—What Should I Do?
"We have tried helping her with a budget, tracking expenses, etc. But, nothing seems to work for long."
New Senate Bill Aims to Shed Light on Credit Card Industry
American businesses are forced to pay some of the highest credit card swipe fees in the industrialized world.
What 2022 College Freshmen Need to Know About Credit Cards
Over two-thirds of undergraduate students are using credit cards to help support them financially through college with over a quarter more than $2,000 in debt.
Shopper Captures Alleged Credit Card Skimmer at 7-Eleven in Viral Video
"Credit card skimmer caught," said shopper Will Hunter, holding up what looked like a skimmer that had been pulled off the card reader.
Credit Card Companies Join Democrats' Gun Control Scheme
American Express, Mastercard, and Visa agreed to help the government track firearm sales.
Credit Karma Fined $3M for 'Tricking' Users With Allegedly False Offers
Almost one third of customers who applied for some of Credit Karma's "pre-approved" offers were denied, alleged the FTC.
McDonald's Worker Used Clients' Card Details to Go on Shopping Spree: Cops
The Sulphur Police Department in Louisiana said that the McDonald's employee and a friend used the card details of 53 people to go shopping.
Sponsored Article
What Is Credit Repair, and How Can I Work on My Creditworthiness?
Improving your credit report can save you money and put the control back in your court.
Americans Using Buy Now Pay Later for Basics May Face a 'Snowball of Debt'
Finance experts have told Newsweek that those turning to buy now pay later for groceries and gas could be led into debt without realizing it.
How Drivers Can Evade Gas Station Increase in Holds on Card Swipes
Visa and Mastercard have increased the hold amount for gas stations to $175.
Credit Lenders Use Facebook to Decide On Approvals, Experts Say
Credit organizations are looking at your Facebook page to see what you spend on clothes or travel to decide on your loan applications, experts say.
Husband Refuses Wife Credit Card for Maternity Clothes, Sparking Debate
"I've been cost cutting almost everywhere except bare necessities," the husband said, adding that they had just $150 in their joint account.
Woman Who Felt Mom Was 'Wasting' Inheritance Racks up $60K on Her Card
"Do you really expect someone to live their life differently so that you can get an inheritance to travel?" a user commented. "Wow!"
KFC Worker Takes Pics of Customers' Cards, Goes on Shopping Spree: Cops
Markquerva Lumar allegedly used customers' cards to spend thousands of dollars on online purchases.
Internet Shocked by Employee's Claim Boss Opened Credit Card in Their Name
"Call the police. Call your labor board. Call the district attorney's office. Hell, call the local paper," one user commented.