There’s no limit to how long you can keep your credit card open. Closing a credit card can decrease the average age of your credit history and increase your credit utilization ratio — both of which ...

And sure enough, ballooning consumer debts reflect that spending. A survey by LendingTree after the 2024 holiday season found that 36% of Americans took on credit card debt to pay for it, most of whom ...

Keeping credit cards open as long as possible can boost your credit score in two different ways. Longtime cardholders may get better terms from their credit card issuer. Sometimes it makes sense to ...

As you go about your Black Friday and Cyber Monday shopping, you might be drawn to store cards. These credit cards frequently ...

When checking out during your holiday shopping spree, the clerk may ask, "Would you like to save on today's purchase by signing up for a store credit card?" ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Learn how to use credit cards to build credit, get rewards and cash back, and stay debt free along the way! Click "Show More" ...