Remove Accrued Interest Remove Credit Card Debt Remove Retail
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How to Get Your First Credit Card

Better Credit Blog

Credit Card with Co-Signer: If you know someone with excellent credit, he or she could co-sign on your application. Your co-signer would become responsible if you defaulted on the card. How to Apply for a First Credit Card. Only the primary cardholder gets credit for the responsible use of the card.

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Over half of student loan borrowers racked up credit card debt during the payment pause—now experts worry about ‘shock’

Collection Industry News

Over 50% of borrowers added debt on regular credit cards during the student loan payment pause and another 31% racked up balances on retail cards, a recent TransUnion analysis found. Many will have to work to get out of credit card debt at the same time.

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Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion

Collection Industry News

Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher. Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. That means paying your bill in full and on time each month.