No, debt collectors cannot have you arrested for unpaid credit card debt. However, if you are sued and don't comply with a court order, you can be arrested. You can manage your credit card debt by ...

The average balance per consumer now stands at $6,580—up 3.5% year over year, according to a recent report from TransUnion. Altogether, consumers owe a record $1.21 trillion on their credit cards, ...

A pair of restaurateurs is under fire for a new policy they implemented in their Kansas City and Wichita-area franchises of the restaurant chain Twin Peaks. The policy has sparked outrage among many ...

I am about to receive an inheritance. Coincidentally, a credit-card company is suing me for $1,000. If you have any tips for getting them to just accept a settlement instead of the full amount, I’d ...

As inflation continues to hit families across the U.S., a new survey has revealed that credit card debt is a growing concern for more than half of Americans. According to exclusive poll data from a ...

Not paying your secured credit card bill won’t land you in jail, but it definitely damages your credit score and may forfeit ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

Americans' household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report showed ...

Are you in debt and feeling panicked about your credit score? Take a few deep breaths. “There are many ways to improve your credit score beyond paying off debt,” Dimitri Pan, a wealth advisor at Ally ...