A retiree in New York could pay off her debts in one lump sum. But is that the smartest move?

A reader in D.C. owes $12,000 across seven different credit cards. Can financial advisors help him dig himself out?

Rising interest rates on loans, greater borrowing and higher fees on deposit accounts all contributed to the increase. "Altogether, this paints a picture of debt that could really start to strain the checkbooks of American families," said Meghan Greene, a researcher at the nonprofit organization that authored the report.

The product, designed for wealth management customers, is the first in the U.S. to implement Mastercard's Touch Card, which helps people distinguish credit, debit and prepaid cards through a notch on the card's edge.

Those with a net worth of $166,000 or less before the pandemic are in the strongest relative financial position in a generation.

Vanguard Group will give some American Express credit card customers access to financial advice, a business the fund manager is working to build up.

Bank of America is turning to private jets and exotic cars to compete with American Express and JPMorgan Chase and lure big spenders to its credit cards.

Unsecured personal lending has fallen as many consumers have stashed away cash and paid down credit card balances during the pandemic. The trend probably won’t reverse course anytime soon.

Companies that scored highest in this year’s Best Fintechs to Work For (a ranking compiled by our parent company, Arizent) go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.

The firm has argued that a demand for emails and other records by the agency earlier this year was unduly burdensome.