Forbes contributors publish independent expert analyses and insights. Nancy Anderson writes about retirement planning and personal finance. Financially successful people find ways to get out of credit ...

"Credit cycling" is potentially risky behavior with credit cards, but isn't widely known, experts said. It involves repeatedly maxing out cards and paying down the balance, effectively letting ...

Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

Many Americans with credit card debt, especially high earners, lie about the amount they owe. The average credit card debt is $7,321 with an average interest rate of 21.4%, contributing to a national ...

It's possible to qualify for a credit card if you have bad credit, but expect more limited options, lower credit limits and higher rates. Secured credit cards are designed to help individuals with ...

Credit card churning involves opening several credit cards in quick succession to repeatedly earn sign-up bonuses. While some churners earn thousands in cash back, points, or miles, the practice ...

As much as you may enjoy seeing your credit card rewards build up, hoarding points is not the best use for them. The longer you delay using rewards, the more inflation eats away at the value of those ...