When news breaks, you need to understand what actually matters. At Vox, our mission is to help you make sense of the world — and that work has never been more vital. But we can’t do it on our own. We ...

What Is a Revolving Account? At first glance, you might think there are only two types of debt: secured and unsecured. Secured debt is tied to collateral that can be taken back if the debt goes unpaid ...

In a tough economy, a revolving line of credit can offer handy flexibility when unforeseen expenses pop up. But it's n ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

Having a mix of credit products in your name — such as a couple of credit card accounts and a mortgage or auto loan — helps to strengthen your overall credit profile. These credit products fall under ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

Revolving credit is a type of credit in which the consumer’s balance and minimum monthly payment can fluctuate, and where the cardholder usually has the option of avoiding finance charges by paying ...

Loans and revolving lines of credit are two different ways that individuals and businesses borrow money from lenders. Understanding the difference between the two is critical in being able to decide ...

Americans' spending habits continue to be affected by the coronavirus pandemic, with new data from the Fed showing a decline in revolving credit debt for the third month in a row. Revolving credit ...

When people talk about the causes of the 2007–10 global financial crisis, weak regulatory oversight is usually near the top of the list. Some argue that a key source of this weakness is regulatory ...