If you're worried about increasing your balances due to an unrequested credit limit increase, you can call your issuer and request that it revert your limit back to the previous amount. You can also get ahead of these automatic credit limit increases and request your issuer not do so without your consent first.

Credit card balances that never seem to shrink are usually a math problem, not a moral failing. When interest rates on plastic run in the high teens or even above 20 percent, every month you carry a balance,

Banks are increasing credit limits by more than $40 billion per quarter, often without their customers’ consent. New data from the King’s Business School and the Federal Reserve Board suggests this quiet strategy has an agenda,

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to structure their repayments. One of the most common forms of ...

American households are now carrying a record mountain of debt, with balances swelling to levels that would have seemed unthinkable a decade ago. The surge is not just about bigger mortgages, it is increasingly about everyday borrowing on plastic as credit card bills climb and more families lean on revolving credit to cover basic