Canceling a credit card could cause your credit score to drop. The only reason to cancel a long-standing credit card is if it charges an annual fee that's no longer worth paying. Put a small recurring charge on older credit card accounts you want to keep open.

A Employee Benefit Research Institute survey found that more than two-thirds of retirees had outstanding credit card debt, up from 40% in 2022.

F alling behind on credit card payments can be a tough issue to deal with, but it becomes even more challenging when your debt is sent to collections. When that happens, the frien

It's a good idea to use your credit card whenever you're renting a car, booking a trip, or shopping online. Read on to find out why.