Americans defaulted on $59 billion in credit card debt and took on an additional $74 billion in credit card debt.

Nearly half of older Americans with credit card debt are relying on credit cards to cover their basic living expenses, with more than a third seeing balances rise, AARP found.

An alarming share of older adults use credit cards to cover basic living expenses, AARP reports in a new survey.

The findings highlight financial challenges facing older adults, many of whom are dealing with rising costs of living, ...

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

A new AARP survey released today reveals nearly half (47%) of adults age 50 and older who carry credit card debt use credit cards to pay for basic living expenses that they do ...

Over one-third of respondents (37%) to an AARP survey said they have more credit card debt now than they did a year ago.

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

Increasing grocery prices have some consumers, particularly older ones, reconsidering what they buy and how they pay for their items, according to the American Association of Retired Persons (AARP).

Texas couple makes $161,000 per year — but is drowning in $90,000 credit card debt, spent $20,000 on California ... Home prices in America could fly through the roof in 2025 — here’s the ...

A steady income and low debt may help strengthen your application, even if your credit score is on the lower end of the “good” range. The Bank of America® Travel Rewards credit card earns 3 ...

Bank of America cards are currently not available ... sure that you have adequate emergency savings, have eliminated credit card debt and are on track for retirement before I would recommend ...