What Credit Card Delinquency Is—And How To Avoid It

What Credit Card Delinquency Is—And How To Avoid It

Credit cards can be a great way to get rewards and perks for money you’re already spending—but what happens when it all goes haywire and you can’t pay your bill? According to TransUnion’s Q4 2019 Industry Insights Report, the average credit card debt per borrower…

Minimum Dues and Minimum Don’ts: UK versus US Credit Cards

Minimum Dues and Minimum Don’ts: UK versus US Credit Cards

Credit cards in the United Kingdom are a mature market, being one of the first areas of global expansion by U.S. credit card networks such as American Express, Mastercard, and Visa.  Barclays was a first-adopter, with its sizeable retail base and secure branch network.  The…

Coronavirus cash payouts will go to some seniors and others this week

Coronavirus cash payouts will go to some seniors and others this week

The growing panic expressed over pandemic-related money doesn’t seem to take into account that all the money was never set to be paid out at once.  So just because your neighbor saw a relief payout via direct deposit last week, it doesn’t mean that you…

Small Businesses with Limited Cash Teeter on Edge of Financial Ruin

Small Businesses with Limited Cash Teeter on Edge of Financial Ruin

As America confronts staggering job losses and weathers a screeching halt in many sectors of the economy, small businesses with limited cash reserves are teetering on the edge of financial ruin during the COVID-19 pandemic. The problem extends to the nation’s capital, where Benjamin Velazquez spent…

67 million Americans may have trouble paying credit card bills

67 million Americans may have trouble paying credit card bills

Even before the spread of COVID-19 brought the U.S. economy to a near standstill, Americans were taking on increasing amounts of debt. Now, around 67 million Americans said they will have trouble paying their credit card bills due to the outbreak and its aftermath, according to a…

The 9 best credit cards of April 2020

The 9 best credit cards of April 2020

CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through The Points Guy affiliate network if you apply and are approved for a card, but our reporting is always independent and objective. It’s…

Here’s how to protect your credit during the coronavirus pandemic if you’re struggling to pay bills

Here’s how to protect your credit during the coronavirus pandemic if you’re struggling to pay bills

Nearly six in 10 Americans say their income has been negatively impacted by the coronavirus pandemic, according to TransUnion’s poll of over 3,000 U.S. adults fielded last week. About 78% are worried about paying their bills and making good on loans. They may be right to worry —…