The federal funds rate is the rate at which banks borrow and lend to one another. While the rates consumers pay to borrow ...

A rising debt-to-GDP ratio, especially if the borrowing is driven by consumption rather than productive investment, will ...

On Wednesday, the Federal Reserve announced its second consecutive interest rate cut, bringing the benchmark interest rate to ...

As many people are setting money aside to go holiday shopping for friends and loved ones, a good number of individuals are ...

The data found that residents of Wyoming had the largest year-over-year decrease in their credit limits. The average person’s ...

Interest rates were cut by a small amount, and your credit card's APR may go down even less. Here's how to save real money on ...

Learn how to stay motivated, save money, and reach debt-free goals faster by keeping in mind these mistakes to avoid when paying off debt.

Experts weigh in on the smartest financial step to take, now that the Federal Reserve reduced its benchmark rate for the ...

Understanding how Chapter 13 repayment works can help you decide if this debt relief option fits your situation.

Bankruptcy: As a last resort, filing for bankruptcy could be worth considering. A Chapter 7 bankruptcy can erase most ...

Twenty years ago, our son declared bankruptcy. As the years passed, he improved his credit rating. Recently, he lost his job and maxed out his credit cards. He now lives with us and doesn't own a ...