US consumer borrowing in January exceeded forecast as non-revolving credit climbed the most in seven months. Total credit rose $19.5 billion after a revised $919 million gain in December, according to ...

Discover what "past due" on a loan means, explore possible penalties, late fees, and impacts on credit, and learn about ...

US consumer borrowing increased in July by the most since November 2022, reflecting jumps in non-revolving debt and credit-card balances. Total credit outstanding increased $25.5 billion, according to ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...