Canceling a credit card can damage your credit score because it lowers your available credit, leading to a higher credit utilization ratio. Here's what to consider before closing the account.

Let's take a look at what happens when you tip with a credit card. The tip gets paid out as part of the paycheck. When you tip in cash, that cash

Credit card debt has reached an all-time high in the United States: More than $1.1 billion. Interest on that debt is also growing extremely quickly: The average credit card interest rate was 22.85% at the end of April,