Beverly Harzog

When some people think about credit card debt forgiveness, it goes something like this: Your debt is totally erased, and you live happily ever after with no consequences. That would be amazing. But the harsh truth lies somewhere short of…

The Federal Reserve, known as the Fed, raised interest rates for the 10th straight time on May 3. It's possible this could be the last increase for a while, but at this point, your credit card debt is a lot more expensive than you ever…

A February survey from U.S. News & World Report shows that nearly half of survey respondents believe carrying a balance on a credit card improves your credit score. Fortunately, almost 52% know that it doesn't raise your score. And when…

Credit card fraud was the most frequent type of fraud reported in 2022, according to the Federal Trade Commission. The total loss due to credit card fraud? A whopping $219 million. While it's important to know what steps to take if you're a…

If you're working hard to pay off your credit card bill every month, the possibility that you'd overpay your bill and have a negative credit card balance might be laughable to you. But you'd be surprised by how easy it is to overpay – even…

If you've ever checked your credit card statement balance and noticed that it's different from your current balance, you can relax. You're not losing your sanity.The reason for the discrepancy is that your credit card statement balance is…

An early February survey by U.S. News shows that almost five in 10 respondents had existing credit card debt before spending money on a wedding. To pay for the wedding, 25.6% carried a balance on a credit card and 11.5% used a personal…

Tax season is here, and you're no doubt busy gathering all of your tax-related documents. As you do this, you might also be wondering if your credit card rewards are taxable. If you use rewards credit cards strategically, you can earn…

A debt can be sold to a collection agency if you miss several payments on an account. A collection account stays on your credit report for approximately seven years.Collection accounts decrease your…

An early January survey by U.S. News shows that 31.9% of respondents have experienced financial infidelity. This represents a 2-percentage-point increase over last year's January survey about financial infidelity.Financial infidelity occurs…